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

Rating:
Buy STLD
up 38.18 %

Steel Dynamics, Inc. (STLD) upgraded to Buy with price target $21 by Davenport

Posted on: Monday,  May 24, 2010  2:25 PM ET by Davenport

Davenport rated Buy Steel Dynamics, Inc. (NASDAQ: STLD) on 05/24/2010, when the stock price was $14.09. Since
then, Steel Dynamics, Inc. has gained 38.18% as of 01/13/2016's recent price of $19.47.
If you would have followed this Davenport's recommendation on STLD, you would have gained 38.18% of your investment in 2060 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.

In response to the interests of our clients, we have developed a special strength in researching regional stocks, and we analyze one of the largest selections of these companies in our market. Our recommendations are based on painstaking assessments of a company and its industry, a thorough understanding of regional and national trends, visits to the business, and meetings with the management team.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/24/2010 2:25 PM Buy
None
14.09 21.00
as of 12/31/2010
1 Week down  -2.79 %
1 Month up  10.95 %
3 Months up  25.58 %
1 YTD up  25.76 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/15/2009 8:25 AM Hold
None
14.87

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