I think I know who's going to reap the benefits from the highway bill...Among many cement companies.....I got in around $38.70..but was waiting for a PULLBACK when it was around $34 (The pullback never came.... So I just jumped in on one of the only down days I saw.....)
IIIN-
Insteel Industries, Inc., through its wholly owned subsidiary, Insteel Wire Products Company, engages in the manufacture and marketing of concrete reinforcing products and industrial wire products for construction and industrial applications primarily in the United States. It offers concrete reinforcing products, which include welded wire reinforcement (WWR) and prestressed concrete strand (PC strand). WWR is produced as an engineered reinforcing product for use in nonresidential, infrastructure, and residential construction. PC strand is a seven-wire strand that is used to impart compression forces into precast concrete elements and structures, as well as provide reinforcement for bridges, parking decks, buildings, and other concrete structures. The company also produces a range of WWR products comprising concrete pipe reinforcement, standard welded wire reinforcement, and engineered structural mesh. Its industrial wire products include tire bead wire, which is a bronze-plated steel wire for use by tire manufacturers. In addition, the company provides specialty small diameter wire to manufacturers for a range of industrial and commercial applications. Insteel distributes its products directly to users, as well as through wholesalers and distributors in Canada, Mexico, and Central and South America. The company was founded in 1958 and is headquartered in Mount Airy, North Carolina.
I WISH every chart looked this pretty!!!.......You got to ask yourself at what point is it overvalued?.....
$COSTAverageMAN
IIIN-
Insteel Industries, Inc., through its wholly owned subsidiary, Insteel Wire Products Company, engages in the manufacture and marketing of concrete reinforcing products and industrial wire products for construction and industrial applications primarily in the United States. It offers concrete reinforcing products, which include welded wire reinforcement (WWR) and prestressed concrete strand (PC strand). WWR is produced as an engineered reinforcing product for use in nonresidential, infrastructure, and residential construction. PC strand is a seven-wire strand that is used to impart compression forces into precast concrete elements and structures, as well as provide reinforcement for bridges, parking decks, buildings, and other concrete structures. The company also produces a range of WWR products comprising concrete pipe reinforcement, standard welded wire reinforcement, and engineered structural mesh. Its industrial wire products include tire bead wire, which is a bronze-plated steel wire for use by tire manufacturers. In addition, the company provides specialty small diameter wire to manufacturers for a range of industrial and commercial applications. Insteel distributes its products directly to users, as well as through wholesalers and distributors in Canada, Mexico, and Central and South America. The company was founded in 1958 and is headquartered in Mount Airy, North Carolina.
I WISH every chart looked this pretty!!!.......You got to ask yourself at what point is it overvalued?.....
$COSTAverageMAN
