Why Goldman Sachs Is Pounding the Table for Investors to Buy Commodities for...
If there is one brokerage and investment banking firm whose views can influence investors’ decisions about issues large and small, Goldman Sachs likely fits that bill. After all, its focus is on the...
View ArticleDespite Trade Worries, Analyst Sees Steel Industry Earnings Surging: 5 Stocks...
It has probably been the most discussed economic and political story of 2018, and it is one that probably will stay front and center for some time. After years of huge trade imbalances with our trading...
View ArticleZekelman Gears Up for IPO
Zekelman Industries has filed an S-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). No pricing details were given in the filing, although the...
View ArticleZekelman Industries Closes in on IPO
Zekelman Industries has filed an amended S-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). The company intends to price its 41.75 million...
View ArticleWhat Nucor, Steel Dynamics Earnings Indicate About the Industry and Tariffs
Steelmakers Nucor Corp. (NYSE: NUE) and Steel Dynamics Inc. (NASDAQ: STLD) have now reported third-quarter results, and reports are due from Arcelor Mittal (NYSE: MT), AK Steel Holding Corp. (NYSE:...
View ArticleTime to Buy 3 Industrials After Serious Earnings Weakness?
Investors have known for years that equities and entire sectors can be quite volatile around each quarter’s earnings reports. It turns out that the strength in the third-quarter earnings reporting...
View ArticleSteel Prices and Demand Moving Higher: 4 Top Stocks to Buy Now
One item that was included in the State of the Union speech but did not gain a lot of traction during the following media claw-through was the fact that both the Republicans and the Democrats know that...
View ArticleJefferies Says Higher Prices Make Top Steel Plays Solid Buys Now
One of the biggest priorities facing what is now a very divided Congress is the need to start fixing what is an old and worn out United States infrastructure. This includes many bridges, buildings,...
View ArticleThe 8 Things That Have Kept Inflation Near 0%
U.S. inflation is not 0%, but it is fairly near, up only 1.9% in January. A recovery of the sort America has gone through since the bottom of the Great Recession is supposed to cause inflation. It has...
View ArticleBig Analyst Upside Called For in Steel and Metals for Commercial Metals Company
Commercial Metals Co. (NYSE: CMC) managed to close up 8% at $17.37 a share on Thursday after the company’s earnings were hurt by weather and rain but still managed to beat expectations. The shares were...
View ArticleTroubles Mount for US Steel as Credit Suisse Says ‘Sell’
The steel and metals industries are at an interesting crossroads this year. While the United States is in dire need of infrastructure repairs, requiring vast amounts of domestic steel, there are trade...
View ArticleWill US Steel Create a Rerating of Battered Steel Stocks?
Despite some still fairly new tariff protections for the steel industry, the global hiccup in growth has been hard on the U.S. steel industry. Oversupply and overcapacity concerns continue to weigh on...
View ArticleWhy Deutsche Bank Sees More Pain Coming for Major Steel Stocks
There is more pain coming for the steel industry. At least that is the take from Deutsche Bank. If investors were only looking at the price of steel stocks, they would think that the United States is...
View ArticleWill the Last Analyst to Downgrade Steel Turn Out the Lights?
The U.S. steel industry was poised to recover in April. The world was still awash in steel producing capacity, but the overall business climate was setting up to support steel stocks. Then came the...
View ArticleSteel Demand and Prices Expected to Jump for Rest of 2019: 5 Top Stocks to Buy
Despite the doom and gloom about the trade war between the United States and China, discussion of a big-time infrastructure package for the country is making the rounds in Washington, D.C. While the...
View ArticleUS Steel Gets Burned by Updated Guidance
United States Steel Corp. (NYSE: X) shares dropped sharply on Thursday after the firm cut the guidance for its third quarter. Looking at the chart, it’s not surprising that this stock is headed even...
View ArticleCan the Metals Stocks Escape the Alcoa Black Hole?
In a bull market stock market, even the current raging bull market, some stocks and some sectors will underperform the market. In a market of stocks, even some of the great companies that date back...
View ArticleBig Analyst Upside Called For in Steel and Metals for Commercial Metals Company
Commercial Metals Co. (NYSE: CMC) managed to close up 8% at $17.37 a share on Thursday after the company’s earnings were hurt by weather and rain but still managed to beat expectations. The shares were...
View ArticleTroubles Mount for US Steel as Credit Suisse Says ‘Sell’
The steel and metals industries are at an interesting crossroads this year. While the United States is in dire need of infrastructure repairs, requiring vast amounts of domestic steel, there are trade...
View ArticleWill US Steel Create a Rerating of Battered Steel Stocks?
Despite some still fairly new tariff protections for the steel industry, the global hiccup in growth has been hard on the U.S. steel industry. Oversupply and overcapacity concerns continue to weigh on...
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