This summary was created by AI, based on 4 opinions in the last 12 months.
Commercial Metals Company (CMC-N) has been a top pick for several experts, with a net investment gain of 11% and achieving its target price, showing progress. The company is expanding beyond traditional steel products into ancillary construction services and is showing strong financial indicators, such as growing cash reserves, debt repayment, and share buybacks. The analysts’ price target is $56.40, indicating potential upside. Overall, there is positive sentiment and potential for growth with CMC.
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, 3 stock analysts published opinions about CMC-N. 3 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.
3 stock analysts on Stockchase covered Commercial Metals Company In the last year. It is a trending stock that is worth watching.
On 2024-12-03, Commercial Metals Company (CMC-N) stock closed at a price of $63.21.
Our PAST TOP PICK with CMC has triggered its stop at $52. To remain disciplined, we recommend covering the position at this time. This will result in a net investment gain of 11%, when combined with our previous recommendations.