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Motley Fool contributor Tyler Crowe explains why he owns GrafTech (EAF -3.66%) stock. GrafTech is one of the largest graphite electrode producers. Tyler likes that it serves the steel industry with strong recurring revenue. He is also bullish because GrafTech rewards shareholders by paying down debt and buying back shares.
Check out the video below for his full thoughts!
*Stock prices used were the midday prices of Aug. 22, 2022. The video was published on Aug. 27, 2022.
Tyler Crowe has positions in GrafTech International Ltd. Zane Fracek has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Zane Fracek is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/interninvesting, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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