Now it's a new year and there's new optimism that the industry is past the worst. Will that optimism pay off a little better this year?
Please click below for more:
http://www.investopedia.com/
Wednesday, January 9, 2013
Investopedia: Investors Seem To Believe The Recovery Is Coming For CMC
Steel stocks rode up into the start of 2012 on optimism in the fall of
2011 that there would be an improvement in non-residential construction
and industrial demand to deliver sustainably higher prices and good
shipment growth. That didn't really materialize as hoped, and the stocks
of minimill operators Commercial Metals (NYSE:CMC), Steel Dynamics (Nasdaq:STLD) and Nucor (NYSE:NUE) all underperformed the S&P 500.
Now it's a new year and there's new optimism that the industry is past the worst. Will that optimism pay off a little better this year?
Please click below for more:
http://www.investopedia.com/
Now it's a new year and there's new optimism that the industry is past the worst. Will that optimism pay off a little better this year?
Please click below for more:
http://www.investopedia.com/
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