JPMorgan sees a ‘generational opportunity’ for the steel industry. Here are its top stocks

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JPMorgan sees a ‘generational opportunity’ for the steel industry. Here are its top stocks

cnbc2021-06-16

The high price of steel should give producers a windfall to set their companies on a better trajectory in the years ahead, according to JPMorgan. The price of steel, like many other commodities and ...

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TBanger
·2021-06-16
Maybe I’ll look into Steel then.
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plasticbag
·2021-06-16
Like n comment
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jejesss
·2021-06-16
Ok
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1
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plasticbag
·2021-06-16
Like n comment thx
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slsong
·2021-06-16
驚悚標題
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- HANDM:
  [强]
  2021-06-16
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OJC
·2021-06-16
Like n comment
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- OJC:
  ??
  2021-06-16
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bsq
·2021-06-16
z
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Damien111
·2021-06-16
Like n comment
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6
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- CelineDang:
  reply
  2021-06-16
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Elliejellie
·2021-06-16
Like and comment pls
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- Damien111:
  Ok
  2021-06-16
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- Gracejul:
  ??
  2021-06-16
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Jaspyy
·2021-06-16
?
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3
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jupaby
·2021-06-16
Buy!
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- xyloniax:
  buy
  2021-06-16
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- pekss:
  You trust that?
  2021-06-16
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- ngph:
  Load up
  2021-06-16
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snjj185
·2021-06-16
Like and comment
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- Elliejellie:
  Like and comment pls
  2021-06-16
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- jupaby:
  co
  2021-06-16
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wonderwon
·2021-06-16
Like and comment
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- snjj185:
  done pls reply to my comment
  2021-06-16
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- Damien111:
  Ok
  2021-06-16
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LMChin
·2021-06-16
Ok
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2MDB
·2021-06-16
Like and comment please
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4
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- WWTan:
  ok
  2021-06-16
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YC86
·2021-06-16
Hi
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- newbe1001:
  hi
  2021-06-16
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- jingabel:
  hi
  2021-06-16
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JohnsonYeo
·2021-06-16
Good
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Bsbsb
·2021-06-16
Wow
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Huatmoney
·2021-06-16
Comment pls
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- snjj185:
  done pls reply to my comment
  2021-06-16
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FunnyFun
·2021-06-16
Like and comment thanks
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- Huatmoney:
  Ok
  2021-06-16
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Both companies are well-positioned to take advantage of the short-term mismatch between supply and demand, the investment firm said.\n“In terms of positioning within the equities, one item to consider is timing, and STLD has that in spades as its new flat-roll mill on the Texas Gulf Coast comes on at a time of historically tight supplies (within a few months),” the note said. “CLF also has that given its 2020 acquisitions and is positioned with ample flexibility in raw materials, particularly with the HBI plant—a key differentiator, in our view, and its negotiations on the auto side should help protect margins for that piece of business.”\nGlick set price targets for Cleveland-Cliffs at $39 per share and Steel Dynamics at $107 per share, both roughly 70% above where the stocks closed on Tuesday. The previous JPMorgan analyst who covered Steel Dynamics had a price target of $33 per share for the stock.\nHere’s how JPMorgan rates other stocks in the sector:\n\nReliance Steel- Overweight\nGrafTech- Overweight\nStelco - Overweight\nCommercial Metals- Neutral\nNucor- Neutral\nCarpenter Tech- Neutral\nUS Steel- Underweight","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":169426675,"gmtCreate":1623848309997,"gmtModify":1703821264402,"author":{"id":"3551275186417781","authorId":"3551275186417781","name":"TBanger","avatar":"https://static.tigerbbs.com/e8e895fbd3256856fdf038fc5d1c3bee","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3551275186417781","authorIdStr":"3551275186417781"},"htmlText":"Maybe I’ll look into Steel then.","listText":"Maybe I’ll look into Steel then.","text":"Maybe I’ll look 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