Gerdau S.A. (ADR) (NYSE:GGB)
CAPS Rating:
The Company focuses on the decentralized production of long steel using electric arc furnace mini-mills and integrated mills with blast furnaces and continuous casting technology being used in both processes.
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I'm ready to see this one fall off into the second quarter and perhaps a bit beyond. Also a
What about now? Are you ready buy? It's looking attractive to me right about now...
If you really don't wanna be broke, then I'd stick to indexing and blue chips during this volatility. ;) But if you have lots of money and lots of guts, perhaps buy this in a month or two, when we better know where the market is headed.