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TX - Ternium: Better Than Before The Pandemic More Growth To Come
May, 10 2022 09:04 AM
Ternium S.A. American Depositary Shares
In this article, I reassess my old buy thesis on Ternium S.A. Q1 2022 financial results were significantly better than the same period before the pandemic. The management seems to be on the right track to reducing debt and maximizing prospect FCF. When the automotive industry finally recovers, Ternium's finances are likely to grow even faster. I recommend buying TX on drawdowns and reinvesting any dividends to maximize future returns. For further details see:
Ternium: Better Than Before The Pandemic, More Growth To Come
Stock Information
Company Name:
Ternium S.A. American Depositary Shares
Stock Symbol:
TX
Market:
NYSE
Website:
ternium.com
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