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Stockchase Opinions

Beth Hamilton-KeenRussel MetalsRUS.TOBUYJan 09, 2009

RUS Beaten up. Earnings outlook for 2009 is quite low. Unique in that they are counter cyclical. In this recession they are drawing down inventory so cash flow is quite strong and allow them to support the dividend for a good 2 to 3 years. 9% yield.
$19.95

Stock price when the opinion was issued

$62.89

As of Jun 17, 2026. Market Open.

steel
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HOLD

It is well positioned for an increase in demand for infrastructure spending. In answer to the caller's question, don't switch it for an energy stock.

BUY
Very cheap valuation right now. Cyclical company that will perform well as economy recovers. Strong balance sheet and financials. Soft landing in the economy will be great for business.
Unspecified
Although there could be a bit of a near term fade the outlook is much better with good dividend growth. Not sure if it will get back to previous highs.
SELL
Steel services, an intermediary. Not a dividend growth stock, and that's part of his firm's mandate. High yield, but the dividend has been stuck at its current level since about 2014. At the top of its trading range. In a slowdown, steel isn't what you want to own. Yield around 4.5%.
BUY ON WEAKNESS

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. It is very cheap. The balance sheet has improved and the company is in the value stock segment. The company is in a cyclical industry. It is at 4.8x earnings, which is quite good value. Unlock Premium - Try 5i Free

WEAK BUY
The shortage of steel allowed this company to do well. They are well managed and pay a decent dividend. They are exiting their oil tubular business and will be a better company for it. But the price of steel will come down in a year or so.
PAST TOP PICK

(A Top Pick Aug 28/20, Up 94%) The stock market is discounting a lot of the recover happening. Has moved to CCL Industries now. It starts to get harder to hold in a cyclical business when it's runup this much.

WAIT
Owned it in the past and sold it around current levels just above $30. A cyclical company. Well managed. Doing a lot to stabilize the business. Sold because they were too exposed to energy. A good dividend yield. Likes it and wants to own it more now that they are diversifying their business. However, wait since it is very expensive.
TOP PICK
Steel producer. Payout ratio is 49%. Sales and earnings are up, ahead of analyst expectations. Yield is 4.65%. (Analysts’ price target is $33.04)
PAST TOP PICK
(A Top Pick Dec 13/19, Up 6%) A steady business. It's a volume business. It's ridden through Covid with confidence and is set up very well to supply steel to the US in the coming 6 months. There'll be a surge in steel demand.
BUY
Likes it quite a bit. Hurt by trade war and Covid. In the energy patch, which hurts. Dividend is reasonable and reasonably safe. Balance sheet is intact. Early stage recovery name. Acquirer of mom and pop shops. Risky area, economically sensitive. Favourable risk/reward right here, right now.
TOP PICK
A stable cyclical business. They distribute steel throughout North America. A volume business. A great business with stable dividend that is inexpensive right now. (Analysts’ price target is $20.25)
WATCH
He took profits when this hit $30. Russel supplies shale drillers in the States, an industry that's been decimated. Now, they're supplying manufacturers, but this industry is uncertain. The dividend is solid ad are the managers, so he continues to watch it and would like to return to it. He's waiting.
WAIT
He doesn't like the base metals yet. The price of copper as a barometer hasn't shown any movement. He has to see what will happen with the global economy. Once copper rises above $3.00, he would start looking into it more.
DON'T BUY
The chart shows a long-term downtrend, though it's trying to make a new uptrend. He likes RUS for paying a dividend, but if it breaks below $20 there will be more downside.