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home / news releases / CMC - Commercial Metals: Electric Vehicles Production Could Ignite The Stock

CMC - Commercial Metals: Electric Vehicles Production Could Ignite The Stock

Commercial Metals Company

2023-03-28 01:11:06 ET

Summary

  • Commercial Metals is a manufacturer and recycler of steel and metal products as well as other related services.
  • Federal support for green energy and the effects from the Inflation Reduction Act will likely serve as a catalyst for revenue growth inside Commercial Metals.
  • Commercial Metals is also expected to benefit from supply chain realignment plans initiated by clients.
  • I believe that improving industrial machinery in order to enhance profit margins will likely bring FCF generation in the coming years.

For further details see:

Commercial Metals: Electric Vehicles Production Could Ignite The Stock
Stock Information
Company Name: Commercial Metals Company
Stock Symbol: CMC
Market: NYSE
Website: cmc.com
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