Stocks that go BOOM
DYNAMIC MATERIALS (NasdaqSC:BOOM) specializes in explosion cladding,
say what?
Bonding metals using controlled explosions.
so what?
explosive cladding can marry two metals that can't be welded.
what's the point?
It's a cost-saver because it avoids the necessity of making a thicker wall of more expensive material.
Who needs it?
Petrochemical, refining, hydrometallurgy, aluminum, shipbuilding and energy industries.
Prove it!
Income from operations is up 306% and revenue increased 72%.
How about the competition?
Dynamic materials has 60% of the market share, next biggest play is Asahi Kasei in Japan.
Shouldn't DM be worried about Asahi Kasei?
If your a plant in New Jersey, would you rather have it shipped from PA or Japan?
Materials is an undervalued sector. If I had to pick one materials stock for a growth porfolio, BOOM would be it.
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