Gerdau SA

GGB-N

NYSE:GGB

5.14
0.11 (2.19%)
Gerdau, headquartered in Porto Alegre, the capital and largest city in the Brazilian state of Rio Grande do Sul, is the largest producer of long steel in the Americas, with steel mills in Brazil, ...
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Analysis and Opinions about GGB-N

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March 1, 2016

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.

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Gerdau SA (GGB-N)
March 1, 2016

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.

TOP PICK
TOP PICK
September 3, 2008
Integrated steel company. Have some assets in North America. Very efficient in integrating R & R assets. In joining a very strong construction boom in Brazil. 5.2% yield.
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Gerdau SA (GGB-N)
September 3, 2008
Integrated steel company. Have some assets in North America. Very efficient in integrating R & R assets. In joining a very strong construction boom in Brazil. 5.2% yield.
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