Motley Fool contributor Tyler Crowe explains why he owns GrafTech (EAF +4.01%) 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.
