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.
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.
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 Friday included AGCO, American Airlines, Bank of America, Beyond Meat, Ciena, DocuSign, Domo, Eloxx Pharmaceuticals, HCA Healthcare, Lululemon Athletica and Zoom Video.
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.
The top analyst upgrades, downgrades and initiations seen on Thursday included Apple, Citigroup, Comcast, Cypress Semiconductor, Huya, Six Flags, Tesla, Teva Pharmaceutical, U.S. Steel, Verizon Communications and Zynga.
Credit Suisse sees some serious concerns brewing in the steel industry. The firm downgraded some of its top names, citing lower prices for hot-rolled coil steel.
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…
The top analyst upgrades, downgrades and initiations seen on Wednesday included Chipotle Mexican Grill, Hasbro, Inogen, Lending Club, Mosaic, Mylan, Pinterest, U.S. Steel and Walt Disney.
The question to ask after U.S. Steel's revenues and earnings beat their consensus analyst estimates is if a rerating on Wall Street is ready to take place.
With steel pricing potentially firming, and export potential and demand at home still strong, these four stocks make sense for growth investors, especially after stock price pullbacks from last summer's highs.
