$16.59
0.11 (+0.67%)
Commercial Metals Company (CMC)
CAPS Rating:
The Company manufactures, recycles, markets and distributes steel and metal products and related materials and services through a network of locations located throughout the United States and internationally.
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Steel will not go out of style in the foreseeable future. It's used in everything, it's relatively cheap, and it's strong.Another aspect of the company is that it is environmentally friendly. This trend has and will continue to grow. With a democratic president in charge, the growth is even more certain.And like AKS, this company is poised to take position. I can see Obama rolling out New Deal-esque infrastructure expansion/renovation plans, and metals will be in great demand in order to feed the construction efforts.