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Steel Dynamics, Inc. (STLD) [hlAlert]

Rating:
Buy STLD
up 20.85 %

Steel Dynamics, Inc. (STLD) rated Buy by Jefferies

Posted on: Wednesday,  Jan 13, 2016  10:25 AM ET by Jefferies

Jefferies rated Buy Steel Dynamics, Inc. (NASDAQ: STLD) on 01/13/2016. Previously Jefferies rated Buy Steel Dynamics, Inc. (NASDAQ: STLD) on 02/05/2014.,
when the stock price was $16.11. Since then, Steel Dynamics, Inc. has gained 20.86% as of 01/13/2016's recent price of $19.47.
If you would have followed the previous Jefferies's recommendation on STLD, you would have gained 20.85% of your investment in 707 days.

Steel Dynamics, Inc. owns and operates a flat-rolled steel mini-mill. Steel Dynamics operates in the production and sale of hot-rolled and cold-rolled steel coils. The company's customers consist of intermediate steel processors, steel service centers and end users including manufacturers of cold-rolled strip, oil and gas transmission pipe, and mechanical and structural tubing.

Jefferiess' research efforts cover U.S. & International equity, high yield, convertibles, derivatives and option strategies, investment grade fixed income, post-reorganization securities, as well as special situations and quantitative research. Our team of more than 150 research professionals covers nearly 1,200 companies in more than 40 industries worldwide. Our analysts focus on identifying emerging industry themes while providing in-depth, thought provoking, objective research.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/13/2016 10:25 AM Buy
None
16.68
as of 8/27/2015
1 Week down  -6.97 %
1 Month down  -12.88 %
3 Months down  -10.68 %
1 YTD up  20.85 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/5/2014 8:25 AM Buy
None
16.11
9/18/2012 8:25 AM Hold
None
11.96

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