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Enter Symbol:
 
Steel Dynamics, Inc. (STLD) [hlAlert]

Rating:
Buy STLD
up 21.91 %

Steel Dynamics, Inc. (STLD) rated Buy with price target $18 by Jefferies & Co

Posted on: Wednesday,  Jun 10, 2009  8:25 AM ET by Jefferies & Co

Jefferies & Co rated Buy Steel Dynamics, Inc. (NASDAQ: STLD) on 06/10/2009, when the stock price was $15.97.
Since then, Steel Dynamics, Inc. has gained 21.92% as of 01/13/2016's recent price of $19.47.
If you would have followed this Jefferies & Co's recommendation on STLD, you would have gained 21.91% of your investment in 2408 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.

Our focus on growing and mid-sized companies enables us to identify unique investment ideas, which can make the difference in a tough market. Jefferies' research effort covers U.S. & International equity, high yield, convertibles, investment grade fixed income and post-reorganization securities, as well as special situations and quantitative research. The more than 120-person team of research professionals covers over 1,200 companies in more than 40 industries worldwide. Our analysts focus on identifying emerging industry themes and dig deeper to provide in-depth, thought provoking, objective research. Our analysts use a variety of quantitative and qualitative tools, integrating field analysis, proprietary channel checks and ongoing dialogue with the managements of the companies they cover. We utilize the latest technologies to deliver a research product that is timely, differentiated, and tailored to each customer's needs. Regular client access to companies and their management teams is provided through a wide variety of Jefferies hosted industry conferences, company management meetings and on-site tours.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/10/2009 8:25 AM Buy
None
15.97 18.00
as of 12/31/2009
1 Week down  -2.74 %
1 Month up  4.72 %
3 Months up  15.51 %
1 YTD up  10.95 %

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