Commercial Metals Company: Maintaining Bearish Stance On Pricey Valuation & Sustained Growth Struggles
CMC(CMC) Seeking Alpha·2024-11-01 18:53
We wrote about Commercial Metals Company (NYSE: CMC ) in May of this year when we recommended investors begin to take profits in the US steel company. Shares have lost just over 5% since our bearish call, which is aIndividual investor with a keen interest in deriving income from investment setups. We do this by buying undervalued profitable stocks with strong balance sheets & minimal debt. Furthermore, when the opportunity arises, we like to write calls against our positions to bring in additional income. R ...