Steel Dynamics, Inc. (NASDAQ:STLD)
CAPS Rating:
The Company together with its subsidiaries is a domestic manufacturer of steel products.
The Company together with its subsidiaries is a domestic manufacturer of steel products.
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Recs
everything about this stock seems to take control of itself and it stays about even all the timne so i realy think that it will drop a little and then catinue to go right back up where it will stay for a feww months
You are looking at this too short term. This stock was once in the 40's after a split! And it will return there again. This company is well run and is currently fighting off the stigma of a sector hazing. Couple that with the nations lowest cost producing steel mill (lowest cost producing ANYTHING for that matter), and you have a stock that will at least generate a nice income through the dividend. I see this one as a double within 12 months.