$Carpenter Tech(CRS.US)
CRS was volatile again today as industrial stocks pulled back. Some traders may be reacting to index rebalancing, but I don’t see the long-term story changing.
Commercial aviation and defense backlogs remain strong, supporting demand, margins, and pricing power in specialty alloys. Analysts have also continued raising price targets.
I’m watching execution and the earnings report later this month, not daily price swings. Let the numbers speak.
@Captain's Treasure
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