Schnitzer Steel Industries ( SCHN ) shares have been on a roll since originally being featured as a momentum stock on Apr 10, climbing to over $92 from $78, a very impressive short-term return of more than 17%. This Zacks #1 Rank Stock is benefiting from a very favorable domestic environment because international producers are keeping their supplies at home to support infrastructure and avoid negative currency translations. Estimates continue to rise, with the current-year estimate gaining 20 cents in just the last seven days and advancing to its current projection of $5.74 per share.
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$93.29 (05/12/08)
