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$7.22 0.11 (1.55%)
12/4/2008 4:00 PM

Steel Dynamics, Inc. (STLD)

CAPS Rating:
****

The Company together with its subsidiaries is a domestic manufacturer of steel products.

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Avatar mstew100 (< 20) Submitted: 6/19/08 10:30 AM : Outperform Start Price: $39.09 STLD Score: -45.17

Accumulation remains strong after test of 50 day moving average. P/E only 17 (forward P/E 12), 67% growth projected for 2008. The spike to new high on 6/13/08 was on 72% increase in volume and since it has held up on decreasing volume--which means there is no selling pressure at this level.

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