191513862 - 1_21en40ri - PID 1851201
    
    
      
    
  

  
    
        Hi I am Ted Dixon with
        your INK Morning Report
Preview
        for October 20th.
        Fencing in costs at Tree
Island Steel.
        The top ranked stock from
        the Basic Materials sector
in our INK Edge
        October Top 40 Stock
Report is
        wire products supplier
Tree Island Steel.
        The stock is up an
impressive
        74.5% since we featured it
        here on March 9th.Rising
        sales are helping to drive
the surge.
        EBITDA has been rising as
the company
        demonstrated some success
at managing costs,
        no small accomplishment in
        today's inflationary
environment.
        Meanwhile,
        valuations remain
relatively attractive.
        For example, the stock
trades at
        a trailing 12-months P/E
        of 8.09 as seen in the
fundamental snapshot.
        Importantly, as seen in
the chart,
        Executive Chairman of
        the Board Amar Doman has
        continued to buy shares in
        the public market since
our last report.
        You read more about our
take
        on Tree Island Steel in
our full report.
        Well Thanks for stopping
by and
        click on the notify button
under this video
        on INK Ultra Money to be
notified when
        we have our next preview
available.
        You can also follow
        us on Twitter
@inkresearch.
        I hope to see you again
tomorrow as we let
        the insiders guide us
        to opportunity this fall.
        This is not a
recommendation to
        buy or sell securities and
        nothing in this video or
        in INK reports should be
considered
        financial advice
information is for
        educational purposes INK
employees may
        hold an interest in
        any stock mentioned in
        our videos or in our
reports.