Growth In Aerospace And An Oil & Gas Recovery Bode Well For USAP

As has been the case for other specialty alloy companies like Allegheny (ATI), Carpenter (CRS), and Arconic (ARNC), the last twelve months have been good to Universal Stainless & Alloy Products (USAP), as aircraft suppliers gear up for major product ramps and other key users like oil/gas and heavy industry recover. USAP has actually been the best performer of the lot over the past year, but I believe there is still more potential upside as orders grow, margins scale up significantly, and potential trade actions restrict import competition.

Investors should note that this is a riskier than average stock. The business is exceptionally cyclical and this really isn't a candidate for a long-term buy-and-hold approach.

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Growth In Aerospace And An Oil & Gas Recovery Bode Well For USAP