Credit Suisse Sees Absolute Destruction in American Steelmakers
Recessions are generally brutal for the steel and specialty metals industry. A new Credit Suisse report outlines what it calls a perfect storm for steelmakers.
Recessions are generally brutal for the steel and specialty metals industry. A new Credit Suisse report outlines what it calls a perfect storm for steelmakers.
Monday's top analyst upgrades and downgrades included Alphabet, Amazon.com, Amgen, Cerner, eBay, Gap, Nike, Nucor, Procter & Gamble, TJX and ViacomCBS.
Tuesday's top analyst calls included Advanced Micro Devices, Alcoa, Biomarin Pharmaceutical, Coca-Cola, Ford, General Motors, Intel, Kinder Morgan, Micron Technology, Nvidia, Tesla, Twitter and Zillow.
Friday's top analyst upgrades, downgrades and initiations included Amazon.com, Amgen, Coca-Cola, Danaher, Electronic Arts, IBM, Proofpoint, Sprint, UPS, Uber, Vertex Pharmaceuticals and Visa.
Wednesday's top analyst upgrades, downgrades and initiations included Acceleron Pharma, Advanced Micro Devices, Apple, eBay, Facebook, Hasbro, 3M, Peloton, Starbucks, Tesla and Xilinx.
With Alcoa being a leader in aluminum, the problem here is that many investors see problems in aluminum also translating into problems for companies involved in steel, copper, titanium and other industrial…
Monday's top analyst upgrades, downgrades and initiations included Adobe, Chevron, Dow, JD.com, Lululemon, 3M, Macy's, Nucor, PNC, RH, RingCentral, WingStop and Zillow.
Thursday's top analyst upgrades, downgrades and initiations included AECOM, AGCO, AK Steel, AT&T, Beyond Meat, Cisco Systems, Energizer, Kraft Heinz, Nucor, Ping, SmileDirectClub, U.S. Steel and Verizon.
U.S. Steel shares dropped sharply on Thursday after the firm cut the guidance for its third quarter. Looking at the chart, it’s not surprising that this stock is headed even lower, after…
The rotation from high growth-stocks to value stocks has been a key theme of September, which means that shares of companies that had lagged the broader bull market were starting to shine.
The top analyst upgrades, downgrades and initiations for Tuesday included Amgen, BorgWarner, Chipotle Mexican Grill, Cree, Dollar General, Exelon, PDC Energy, Verizon Communications and Zynga.
Jefferies analysts have met with management teams from the major steel companies and came away feeling very positive on the set-up for the rest of the year.
In the wake of multiple analyst downgrades and price target cuts from major Wall Street firms, Goldman Sachs now has downgraded U.S. Steel. The firm maintained other Neutral and Buy ratings on…
There is more pain coming for the steel industry. At least that is the take from Deutsche Bank.
Canada and Mexico have reached a deal with the United States to remove tariffs on steel and aluminum. The top steel picks at Jefferies make sense for growth accounts looking to play…