Carpenter Technology Corporation Common Stock (CRS)
195.85
+2.20 (1.14%)
Carpenter Technology Corporation is a leading manufacturer and distributor of specialty alloys, including stainless steel, titanium, and nickel-based alloys, which are primarily used in industries such as aerospace, energy, and medical
The company focuses on producing advanced materials that meet the demanding specifications of its customers, providing innovative solutions for applications that require high-performance characteristics. Carpenter Technology also offers various services including melting, forging, and machining, enhancing its ability to deliver tailored products to meet specific client needs. The company is committed to sustainability and operational excellence, continuously investing in technology and processes to improve efficiency and reduce environmental impact.
Steel is a foundational building material and a major market commodity with important taxing rules and import guidelines, the enforcement of which benefits economic advancement and safeguards the nation's infrastructure.
The mid-cap-centric S&P 400 index has rallied 21.4% year-to-date. Within the mid-cap space, a handful of stocks have the potential to become large-caps in 2025. Here's why they may be worth consideration.