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Stock impact report

Does Commercial Metals Stock Still Offer Value After Its 273% Five Year Surge? [Yahoo! Finance]

Commercial Metals Company (CMC) 
Last commercial metals company earnings: 3/19 06:45 am Check Earnings Report
US:NYSE Investor Relations: ir.cmc.com
Company Research Source: Yahoo! Finance
alone in asking whether the current share price truly reflects its long term value. The stock has slipped about 1.5% over the last week, but that comes after a sharp 17.1% jump in the past month, a 41.4% gain year to date, and a 273.2% rise over five years, the kind of performance that can change how the market prices risk and reward. Recent coverage has focused on how resilient demand for steel and metal products has been in key end markets, alongside ongoing infrastructure and construction activity that continues to support volumes and pricing. At the same time, industry commentary about long term public works spending and reshoring of manufacturing has bolstered the narrative that Commercial Metals could remain a structural winner rather than only a short term cyclical play. Despite that backdrop, Commercial Metals currently scores 0 out of 6 on our valuation checks . This suggests the market may already be baking in a lot of good news. Next we will unpack what different valu Show less Read more
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