Stock Pickers Digest, in the January, 2017, issue, refreshes its buy of Russel Metals Inc., recently $27.17. Stock Pickers said buy 19 times from April, 2003, to September, 2016, at prices ranging from $5.25 to $33.17. Assuming a $1,000 investment for each of the 19 buys, the $19,000 position is now worth $31,327. Russel is one of the largest metal distributors in North America, serving 28,000 customers at 51 locations in Canada and 12 in the United States. In the quarter ended Sept. 30, 2016, the company earned $15.9-million or 26 cents a share, up from $12.8-million or 21 cents a share a year earlier. The improvement reflects higher steel prices, which boosted Russel's profit margins and the value of its inventory. Revenue fell to $639.2-million from $773.4-million. Russel has low debt, holds $192.8-million or $3.12 a share in cash, and pays a generous dividend with a yield of 5.6 per cent. Its stock has gone up by nearly one-third since the victory of president-elect Donald Trump. Mr. Trump has vowed to reduce low-cost steel imports, especially from China, and has also said he will increase infrastructure spending. Both promises bode well for Russel. Buy.