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Enter Symbol:
Globe Specialty Metals (GSM) [hlAlert]

up 33.00 %

Globe Specialty Metals (GSM) rated Outperform with price target $23 by Oppenheimer

Posted on: Wednesday,  Feb 26, 2014  9:25 AM ET by Oppenheimer

Oppenheimer rated Outperform Globe Specialty Metals (NASDAQ: GSM) on 02/26/2014. Previously Oppenheimer rated Outperform Globe Specialty Metals (NASDAQ: GSM) on 05/21/2010.,
when the stock price was $10.27. Since then, Globe Specialty Metals has gained 33.01% as of 01/11/2016's recent price of $13.66.
If you would have followed the previous Oppenheimer's recommendation on GSM, you would have gained 33% of your investment in 2061 days.

Globe Specialty Metals, Inc. (GSM) is a producer of silicon metal and silicon-based alloys, with approximately 156,400 metric tons of silicon metal capacity and 72,800 metric tons of silicon-based alloys capacity. Silicon metal, the Company?s principal product, is used as a primary raw material in making silicone compounds, aluminum and polysilicon. The Company?s silicon-based alloys are used as raw materials in making steel and ductile iron. Its products are produced in four principal operating facilities located in the United States, Brazil and Argentina. Additionally, it operates facilities in Poland and China. The Company operates in six business segments: Globe Metallurgical, Inc. (GMI), Globe Metais Industria e Comercio S.A. (Globe Metais), Globe Metales S.A. (Globe Metales), Solsil, Inc. (Solsil) and Other.

OppenheimerFunds, Inc. has been helping investors achieve their financial goals since 1960. We are one of the nation's largest and most respected asset management companies. At OppenheimerFunds, we believe that in order for you to reach your financial goals, your investments must perform. That is why investment excellence—over the long term and across the range of our products—is our highest priority. OppenheimerFunds and its controlled affiliates offer a broad range of products and services to individuals, corporations and institutions, including mutual funds, separately managed accounts, investment management for institutions, hedge fund products, qualified retirement plans and subadvisory investment-management services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/26/2014 9:25 AM Buy
19.68 23.00
as of 10/17/2014
1 Week up  5.85 %
1 Month down  -13.71 %
3 Months down  -14.94 %
1 YTD down  -3.60 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/5/2013 8:25 AM Buy
17.35 19.00
1/30/2012 8:25 AM Buy
15.10 20.00
3/3/2011 8:25 AM Buy
23.47 28.00
1/7/2011 8:25 AM Buy
17.94 22.00
5/21/2010 8:25 AM Buy
10.27 17.00

(*) Stock Price at the time of the recommendation.
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