CSN is an integrated steel producer with global scale and also a miner of iron ore, limestone, dolomite, and maintains stakes in the power and railroad industries. Wait! There's more! They also make cement, manages investment funds, and ports.
This is a nice entry point as it is way off it's 52-week high of $52.46.
I like the company because it's inexpensive(forward P/E of 8.77), has little debt, is experiencing tremendous demand for its products( 5-yearsales growth is avg. is about 25%) , and is a very well run business overall( 5 yr. averages for ROA, ROI, and ROE are 11%, 15%,and 75% respectively according to Reuters .)
$43.16 (07/01/08)
