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Stocks rebound after last week’s declineMarkets inch down on a quiet TuesdayStocks close down but stay near record highsThis summary was created by AI, based on 1 opinions in the last 12 months.
Experts believe that Russel Metals is well positioned to benefit from an increase in infrastructure spending, making it a favorable investment choice. They advise against switching it for an energy stock, indicating confidence in its potential for growth. The company's strong position in the market and positive outlook for future demand make it an appealing option for investors seeking long-term value.
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. It is very cheap. The balance sheet has improved and the company is in the value stock segment. The company is in a cyclical industry. It is at 4.8x earnings, which is quite good value. Unlock Premium - Try 5i Free
(A Top Pick Aug 28/20, Up 94%) The stock market is discounting a lot of the recover happening. Has moved to CCL Industries now. It starts to get harder to hold in a cyclical business when it's runup this much.
Russel Metals is a Canadian stock, trading under the symbol RUS-T on the Toronto Stock Exchange (RUS-CT). It is usually referred to as TSX:RUS or RUS-T
In the last year, there was no coverage of Russel Metals published on Stockchase.
Russel Metals was recommended as a Top Pick by on . Read the latest stock experts ratings for Russel Metals.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
0 stock analysts on Stockchase covered Russel Metals In the last year. It is a trending stock that is worth watching.
On 2024-10-08, Russel Metals (RUS-T) stock closed at a price of $40.27.
It is well positioned for an increase in demand for infrastructure spending. In answer to the caller's question, don't switch it for an energy stock.