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NYSE:GGB
Brazilian steelmaker. There is some question about whether they have been evading taxes and a few other things. The company has taken a tremendous beating because they are in the steel industry. This is certainly a contrarian play, and he could see how it could have a tremendous recovery, as normally they make money. People don’t want to touch just about anything in Brazil now, which makes it more interesting to him. A big caveat is the debt level which has gone way up, which he doesn’t like to see.
Gerdau SA is a American stock, trading under the symbol GGB (previously GGB-N on Stockchase) on the New York Stock Exchange (GGB). It is usually referred to as NYSE:GGB or GGB
In the last year, no analyst issued a Buy, Sell, or Hold rating on GGB (previously GGB-N on Stockchase) on Stockchase. Read the latest expert commentary for Gerdau SA.
Gerdau SA was recommended as a Top Pick by Patricia Perez-Coutts on 2008-09-03. Read the latest stock experts ratings for Gerdau SA.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Gerdau SA.
Gerdau SA is covered by Stockchase experts and is worth watching.
On 2026-06-12, Gerdau SA (GGB) stock closed at a price of $4.75.