Gerdau Ameristeel Corp

GNA-T

0.00
0.00 (0.00%)
This company is not ACTIVE.

Analysis and Opinions about GNA-T

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
October 15, 2010
(Top Pick Oct 2/09, Up 40%) It hit his 25% target and he exited.
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(Top Pick Oct 2/09, Up 40%) It hit his 25% target and he exited.
PAST TOP PICK
PAST TOP PICK
September 8, 2010
(A Top Pick Sept 18/09. Up 30%.) Another company acquired this.
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(A Top Pick Sept 18/09. Up 30%.) Another company acquired this.
PAST TOP PICK
PAST TOP PICK
May 3, 2010
(A Top Pick Oct 2/09. Down 8.4%.) A higher torque name, which puts a little spice in your portfolio and is part of the infrastructure story. Still a Buy.
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(A Top Pick Oct 2/09. Down 8.4%.) A higher torque name, which puts a little spice in your portfolio and is part of the infrastructure story. Still a Buy.
COMMENT
COMMENT
April 19, 2010
Structural steel and construction industry in North America has been in a downturn over the last couple of years. There are some early signs that we may have hit the bottom. If you're horizon is 12-24 months, you can buy, otherwise he would wait.
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Structural steel and construction industry in North America has been in a downturn over the last couple of years. There are some early signs that we may have hit the bottom. If you're horizon is 12-24 months, you can buy, otherwise he would wait.
PAST TOP PICK
PAST TOP PICK
March 2, 2010
(Top Pick Sep 18/09, Down 14.7%) He got stopped out around $8.50.
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(Top Pick Sep 18/09, Down 14.7%) He got stopped out around $8.50.
COMMENT
COMMENT
February 1, 2010
Prefers the mini-mills to the large integrated steel producers. You don't get nailed as much by the increase in iron ore costs.
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Prefers the mini-mills to the large integrated steel producers. You don't get nailed as much by the increase in iron ore costs.
DON'T BUY
DON'T BUY
November 9, 2009
Recent quarter was okay but is a little concerned about the space. Import battles are starting between countries. Utilization rates for steel mills in the US are well below what is appropriate for making good money. A lot of hype about infrastructure spending but state and local spending are going down.
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Recent quarter was okay but is a little concerned about the space. Import battles are starting between countries. Utilization rates for steel mills in the US are well below what is appropriate for making good money. A lot of hype about infrastructure spending but state and local spending are going down.
WAIT
WAIT
November 2, 2009
One of the few plays left to play pure steel stocks in North America. Global player. Would be cautious on steel companies today because of the significant ramp up of production in China while prices have been pretty well flat. Demand could be down because of economies. Earnings coming out on Nov 5.
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One of the few plays left to play pure steel stocks in North America. Global player. Would be cautious on steel companies today because of the significant ramp up of production in China while prices have been pretty well flat. Demand could be down because of economies. Earnings coming out on Nov 5.
TOP PICK
TOP PICK
October 2, 2009
A stimulus play. You can get a lot of alpha out of this play if there continues to be a lot of stimulus money going into the economy. Try to get it below $8.
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A stimulus play. You can get a lot of alpha out of this play if there continues to be a lot of stimulus money going into the economy. Try to get it below $8.
TOP PICK
TOP PICK
September 18, 2009
Steel. Has started a new major up leg having made a congestive area and the stock is on the break up. Above the 200 day moving average. Fantastic stock.
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Steel. Has started a new major up leg having made a congestive area and the stock is on the break up. Above the 200 day moving average. Fantastic stock.
BUY
BUY
August 17, 2009
Buying. Infrastructure theme. Not leader in market. If we get into an expansion this will definitely outperform one of his top picks.
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Buying. Infrastructure theme. Not leader in market. If we get into an expansion this will definitely outperform one of his top picks.
COMMENT
COMMENT
June 1, 2009
Steel making is one of the areas that he thinks he is going to invest in. This company is one of the minors in this sector. If we don't get the trickle-down effect from infrastructure spending, larger companies may still be able to get good earnings. Likes the company. (See Top Picks.)
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Steel making is one of the areas that he thinks he is going to invest in. This company is one of the minors in this sector. If we don't get the trickle-down effect from infrastructure spending, larger companies may still be able to get good earnings. Likes the company. (See Top Picks.)
BUY
BUY
April 24, 2009
Likes it. 25-30% out of this stock. Has pretty good up side potential.
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Likes it. 25-30% out of this stock. Has pretty good up side potential.
BUY
BUY
December 9, 2008
By the middle of next year, there will be a view that the emerging economies are really pushing hard to prop up their economic growth. Currently there is a lot of concern about the steel industry and the impact of the slowing economy. ROE level is high. PE is 2X on a trailing basis and 3X on a forward basis. His only concern is the yield of 8.8% and carrying a lot of debt.
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By the middle of next year, there will be a view that the emerging economies are really pushing hard to prop up their economic growth. Currently there is a lot of concern about the steel industry and the impact of the slowing economy. ROE level is high. PE is 2X on a trailing basis and 3X on a forward basis. His only concern is the yield of 8.8% and carrying a lot of debt.
WAIT
WAIT
October 30, 2008
Steels are basically cyclicals and you want to be out of them at the top of the market and buying when the economy starts to pick up. Earnings can come down substantially as demand for the product drops. Another big influence is dumping of steel. Would probably Buy as we progress through this slowdown.
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Steels are basically cyclicals and you want to be out of them at the top of the market and buying when the economy starts to pick up. Earnings can come down substantially as demand for the product drops. Another big influence is dumping of steel. Would probably Buy as we progress through this slowdown.
Showing 1 to 15 of 53 entries

Gerdau Ameristeel Corp(GNA-T) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Gerdau Ameristeel Corp is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Gerdau Ameristeel Corp(GNA-T) Frequently Asked Questions

What is Gerdau Ameristeel Corp stock symbol?

Gerdau Ameristeel Corp is a OTC stock, trading under the symbol GNA-T on the (). It is usually referred to as or GNA-T

Is Gerdau Ameristeel Corp a buy or a sell?

In the last year, there was no coverage of Gerdau Ameristeel Corp published on Stockchase.

Is Gerdau Ameristeel Corp a good investment or a top pick?

Gerdau Ameristeel Corp was recommended as a Top Pick by Steven Conville on 2010-10-15. Read the latest stock experts ratings for Gerdau Ameristeel Corp.

Why is Gerdau Ameristeel Corp stock dropping?

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.

Is Gerdau Ameristeel Corp worth watching?

0 stock analysts on Stockchase covered Gerdau Ameristeel Corp In the last year. It is a trending stock that is worth watching.

What is Gerdau Ameristeel Corp stock price?

On , Gerdau Ameristeel Corp (GNA-T) stock closed at a price of $.