Stock Buy: Fushi Copperweld Inc.
Posted on July 19, 2010 at 08:05 AM EDT
Fushi Copperweld, Inc. (NASDAQ:FSIN) is now dirt cheap, trading at 6.6x forward earnings, down from 9.3x when I last reviewed it in April. Chinese stocks are simply out of favor and are clearly in a bear market. Fushi Copperweld, a Chinese-based manufacturer of copper-cladded bi-metallic engineered conductor products, has been expanding by acquisitions. On May 26, the ...
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