Steel week continues today at the Casual Investor with Friedman Industries (FRD).  The fundamentals for Friedman are indicative of excellent growth potential.  Let's take a quick snapshot:

P/E is 8.70 and P/S is 0.23, for an average price-to-income ratio of about 4.465, which is excellent.  The price per share is currently $6.36, with a 52-week low of $6.05 and a high of $12.89, so there is swing potential in this stock.  Also, the market cap is only $43.96M, making this a small cap.  It even has a dividend of 3.70%.

Steel's a strong sector, and its product sales are totally unaffected by investor panic.  The price of the stock, however, is affected: it has gone down in response to the recent Fed decision, which was seen by many as weak.  FRD is a small but strong steel company with a dividend and excellent growth potential.  This is a strong buy in the current market.