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home / news releases / CMC - Commercial Metals Company: Risks Of A Recession Outweigh The Rewards

CMC - Commercial Metals Company: Risks Of A Recession Outweigh The Rewards

Commercial Metals Company
  • Commercial Metals Company has been posting promising results for the past few quarters, especially with the support of rising steel prices.
  • The company has been improving its profitability but there is still a lot of room for improvement.
  • Steel prices are precedented to tank in times of economic crisis and have recently started falling amid looming threats of a recession.
  • If the recession hits and steel prices steeply decline, CMC stock will be seriously affected, making me rate the stock as a "HOLD."

For further details see:

Commercial Metals Company: Risks Of A Recession Outweigh The Rewards
Stock Information
Company Name: Commercial Metals Company
Stock Symbol: CMC
Market: NYSE
Website: cmc.com
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