Mining Sector Ideas

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Global Brass and Copper -- >>> 12 hot stocks just hitting the market


http://money.msn.com/investing/12-hot-stocks-just-hitting-the-market



As the name suggests, Global Brass and Copper (BRSS) makes copper and brass alloy sheets, rods, tubes and foils. It products are used in home construction and the auto sector, so those two big-picture trends should help.

Housing I've covered. The average age of vehicles on the road is now more than 11 years, so auto sales growth should remain strong as well.

Global Brass and Copper controls about 40% of North American capacity for copper and copper-alloy sheets, plates and brass rods. But it operates in 28 countries, and it sells products in China, so it is an emerging markets play, too.

Global Brass and Copper, which sells metal under the brand names Olin Brass, Chase Brass and A.J. Oster, will pay a 0.9% dividend yield, says Einhorn.

And here's a little change on the horizon that could boost sales: There's a move afoot in Washington, D.C., to eliminate the dollar bill. If this happens, Global Brass and Copper will likely supply the metal for the new dollar coins we'll need. Its metal is also used in ammunition casings and electronics.

This stock should begin trading May 23, says Einhorn. <<<


>>> Global Brass and Copper Holdings, Inc. operates as a converter, fabricator, distributor, and processor of specialized copper and brass products in North America. It operates in three segments: Olin Brass, Chase Brass, and A.J. Oster. The Olin Brass segment manufactures and converts copper and brass sheets, strips, foils, tubes, and fabricated components, as well as rerolls and forms other alloys, such as stainless steel, carbon steel, and aluminum. Its products are used in building and housing, munitions, automotive, coinage, and electronics/electrical components end markets. This segment sells its products in the United States, Puerto Rico, Mexico, Asia, and Europe. The Chase Brass segment primarily manufactures and sells brass rods, including round and other shapes for use in building and housing, transportation, electronics/electrical components, and industrial machinery and equipment end markets. This segment sells its products in the United States, Mexico, and Canada. The A.J. Oster segment processes and distributes copper and copper-alloy sheets, strips, and foils. This segment provides value-added processing services, which include precision slitting and traverse winding to provide customer press up-time; hot air level tinning for corrosion resistance; and product enhancements, such as edging and cutting. Its products are used in building and housing, automotive, and electronics/electrical components end markets. This segment sells its products in the United States, Puerto Rico, and Canada. Global Brass and Copper Holdings, Inc. sells its products under the brand names of Olin Brass, Chase Brass, A.J. Oster, Green Dot, and Eco Brass through its distribution network, direct mill sales, and third-party distributors. The company is headquartered in Schaumburg, Illinois. Global Brass and Copper Holdings, Inc. operates as a subsidiary of Halkos Holdings, LLC. <<<