Commercial Metals Co (NYSE:CMC)

CAPS Rating: 3 out of 5

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.

Recs

1
Player Avatar nacdaniel (77.45) Submitted: 12/19/2008 12:09:32 PM : Outperform Start Price: $10.02 CMC Score: -66.70

My father was with this company for over 30 yrs. in the recycling div. He said they are strong like bull. And if they sell there recycling div. they will bank even more. This international co. has mills world wide and is poised to brake out again within the year. Insiders are have been buying each month and I plan to take on more if it dips below 10 again. With the recent price drop in metals a I would bet they are letting there many recycling yards pile up once again and as soon as the us and china crank back up ooooyaaa.

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