This Alchemy Is No Magic Act
At current prices, Metals USA (MUSA) is a niche, defensive business that offers tremendous upside potential with little downside risk. Through its 45 service centers, it has become the 12th-largest steel distributor in the U.S.
The business model is simple: MUSA purchases steel and other metals wholesale from mills, stores them and then sells them to end users. While the company generates more than $1 billion in annual sales, MUSA sells its finished products in relatively small transactions averaging approximately $3,100. No single customer accounts for more than 4% of the company's business....561 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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