The Panic-Proof Portfolio (Stockchase Research)
Worthington Industries, Inc.
WOR-N
TOP PICK
Jun 23, 2022
Stockchase Research Editor: Michael O'Reilly WOR is a value added steel processing company with an international footprint. It makes things such as propane and oxygen tanks and other cylinders. Recently reported earnings beat expectations by over 20% and support a ROE of 28%. It trades at 6x earnings and under 1.5x book -- good relative value here. It pays a nice dividend, which has grown for 12 consecutive years, and is backed by a payout ratio under 25% of cash flow. We recommend a stop loss at $30, looking to achieve $55 -- upside potential of 25%. Yield 2.77% (Analysts’ price target is $55.00)
(A Top Pick Jun 23/22, Up 2.8%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with WOR is progressing well. To remain disciplined, we recommend trailing up the stop (from $30) to $39.
(A Top Pick Jun 23/22, Up 24.7%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with WOR has achieved its $55 objective. To remain disciplined, we recommend covering half the position at this time and trailing up the stop (from $39) to $44.
(A Top Pick Jun 23/22, Up 54.2%)Stockchase Research Editor: Michael O'Reilly
Our PAST TOP PICK with WOR has triggered its stop at $68. To remain disciplined, we recommend covering the position at this time. When combined with the previous recommendations, this will result in a net investment gain of 39%.
Your Watchlist
Add stocks to watchlist to monitor them daily and get important alerts.