Part 2/9:
Ron Gross begins by highlighting Ampco-Pittsburgh (AP), a small company with a $228 million market cap specializing in forged hardened steel rolls—large rolling pins crucial in shaping steel for various industrial applications. Despite its modest size, the stock has surged 83% this year, demonstrating notable momentum. However, Gross emphasizes that the steel industry is currently in turmoil, posing risks to potential gains.