March 30, 2006
Stock to Watch — Schnitzer Steel (SCHN)
The new highs list is once again filled with metals stocks. Schnitzer is notable because it moved above long-term, round-number $40 resistance on about twice average volume.
Schnitzer Steel Industries, Inc. engages in metal recycling, self-service used auto parts, and mini-mill steel manufacturing businesses in the United States. The company was founded in 1946 and is headquartered in Portland, Oregon.
Cat: | Time: 9:12 am (utc+8)
