I'm not giving it 5 stars because it's the best electrode holder, but because of the value for money. For the money it works the same as some of the others I've used which were triple the price. Someone mentioned that it doesn't hold 3/32" bars. Not true. I was welding with 1/8" and 3/32" rods within a week of receiving them. No problem. Just make sure you insert the bar properly. and tighten well. I'll probably buy another one as a backup.