Topic: How To Invest

Q: Thanks for all your advice over the last few years. What’s your recommendation on Worthington Industries? Thanks.

Article Excerpt

A: Worthington Industries Inc., $54.71, symbol WOR on New York (Shares outstanding: 49.7 million; Market cap: $2.8 billion; Manufacturing sector; TSINetwork Rating: Extra Risk;, is an industrial manufacturing company that provides value-added steel processing as well as consumer, building and energy products. The company currently has four operating segments: Steel Processing (75% of sales), Consumer Products (12%), Building Products (10%), and Sustainable Energy Solutions (3%). Steel Processing focuses on value-added processing, laser welding solutions, and laminations for the rapidly growing electrical steel market. That includes transformers, machine and electric vehicle motors, and the infrastructure needed to support them. Consumer Products offers market-leading products under 10 brands in the celebrations (party supplies), tools, and outdoor living categories; Its product lineup includes a growing number of innovations. Building Products aims to deliver solutions that save time and labour for commercial and residential construction markets. Those solutions include heating and cooling offerings, water systems, ceiling solutions and metal framing. Sustainable Energy Solutions provides products that offer cleaner…