Replies to post #266936 on SwingTrade Member Forum (SWING)

[MikeDDKing]

MUEL is a stainless steel equipment manufacturer that I think is quite undervalued and will grow. Here is my DD...

1. MUEL reported earnings today of $2.03 for Q3 and $5.82 YTD. They are cheap on a trailing earnings basis as they last traded at $32.
http://finance.yahoo.com/news/paul-mueller-company-releases-third-210038212.html

2. Their backlog went up sequentially from $55,111,000 to $67,104,000. This is significant compared to their revenue this quarter of $44,384,000.

3. Rising interest rates will help their pension plan. They will have gains on their pension plan as interest rates rise.