FRD - Friedman Keeps Performing But Is A Little Expensive
2024-02-01 17:53:19 ET
Summary
- Friedman Industries is a steel processor with plants in the US Midwest and Atlantic regions.
- The company's stock price has doubled since previous articles, but I still believe it is not a good opportunity at current prices.
- I revisit the company's operations and find that many of my previous calculations were correct, leading me to conclude that the company's profitability model is still valid.
Friedman Industries ( FRD ) is a steel processor with plants in the US Midwest and Atlantic regions....
Friedman Keeps Performing But Is A Little Expensive