This summary was created by AI, based on 4 opinions in the last 12 months.
Commercial Metals Company (CMC) has been recommended as a top pick by multiple experts. The company is expanding beyond traditional steel products and into ancillary construction services, trading at a low multiple of earnings and supporting a strong return on equity. Quarterly cash reserves are growing, debt is being repaid, and shares are being bought back, indicating a strong financial position. The consensus among experts is that CMC is a strong buy, with potential for 17% upside. The company also emphasizes the safety and well-being of its employees as a top priority.
Commercial Metals Company is a American stock, trading under the symbol CMC-N on the New York Stock Exchange (CMC). It is usually referred to as NYSE:CMC or CMC-N
In the last year, 2 stock analysts published opinions about CMC-N. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Commercial Metals Company.
Commercial Metals Company was recommended as a Top Pick by on . Read the latest stock experts ratings for Commercial Metals Company.
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.
2 stock analysts on Stockchase covered Commercial Metals Company In the last year. It is a trending stock that is worth watching.
On 2024-04-19, Commercial Metals Company (CMC-N) stock closed at a price of $55.21.
Our PAST TOP PICK with CMC has achieved its target at $57. To remain disciplined, we recommend covering half the position at this time and trailing up the stop (from $47) to $52.