Stock Pickers Digest, in the September, 2016, issue, says buy Russel Metals Inc., recently $22.11. Stock Pickers said buy 18 times from April, 2003, to March, 2016, at prices ranging from $5.25 to $33.17. Assuming a $1,000 investment for each of the 18 buys, the $18,000 position is now worth $24,497. Russel is one of the largest metal distributors in North America, with 39,000 customers at 53 locations in Canada and 12 in the United States. In the quarter ended June 30, 2016, it took in revenue of $624-million, down from $761-million a year earlier. This 18-per-cent decrease mainly reflected a 35-per-cent drop in sales at Russel's energy products business, which supplies pipes for oil and gas drillers. Fortunately for Russel, the drop in revenue was offset by rising steel prices, which increased the company's profit margins and the value of its inventory. Its overall earnings thus stayed constant at $16.4-million or 27 cents a share. Buy.