Time to Buy Stock in These Steel Producers
STLDSteel Dynamics(STLD) Zacks Investment Research·2024-01-03 04:17

Beginning the new year, the basic materials sector may be an area to scope out for opportunity in the stock market. Specifically, steel producers look attractive as they are critical to U.S. manufacturing with many steel- consuming industries having a resurgence upon easing inflation and higher demand. Notably, the Zacks Steel-Producers Industry is currently in the top 17% of over 250 Zacks industries and several companies in the space covet spots on the Zacks Rank #1 (Strong Buy) list. Here is a look at th ...