Gerdau Ameristeel Corp (GNA.TO)

BUY
It should keep moving up as long as the steel price stays strong.
BUY
Most of their assets are in the US which gives them positive leverage to the global economy. Excellent assets and fairly good management.
PAST TOP PICK
(A top pick Sept 12/03. Up 3.44/3.60.) Still likes. Cutting costs. Trades at half the multiples that other steel companies are trading at.
BUY
Not a bad play, but keep an eye on steel prices.
TOP PICK
(Was A Top Pick Aug 5/03. 3.05/3 .10%.) Still likes and still buying. Expects steel prices to go higher. Impressed with management.
TOP PICK
Feels the economy is starting to turn. It is trading at just over half times book value. It may be a bit early. Reasonable debt position and low-cost production.
BUY
People are starting to own steel because of expectations of a growing economy.Has one of the lower costs in production.
TOP PICK
A Brazilian steel Co..Second largest mini-mill in North America.Huge leverage to steel pricing.
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