NGA – North American Galvanizing & Coatings (American Stock Exchange) (Closing Price – $8.36)
North American Galvanizing & Coatings (NGA) is a company with solid fundamentals and increasing earnings. However, the share price has had quite a run in the last few months and share price can be volatile so NGA is a speculative stock pick.
North American Galvanizing provides hot dip galvanizing for corrosion protection of fabricated steel products in the United States. The company has benefited from strong demand for hot dip galvanizing and increases in zinc prices the last few years. (more…)