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Commercial Metals (CMC)

(Delayed Data from NYSE)

$56.38 USD

56.38
732,659

-0.39 (-0.69%)

Updated May 21, 2024 04:00 PM ET

After-Market: $56.39 +0.01 (0.02%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.08%
2Buy17.91%
3Hold9.44%
4Sell5.10%
5Strong Sell2.55%
S&P50011.04%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

A Value C Growth B Momentum A VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 11% (221 out of 248)

Industry: Steel - Producers

Better trading starts here.

Zacks News

Abhinab Dasgupta headshot

Beat the Market the Zacks Way: NVIDIA, Bilibili, Novo Nordisk in Focus

Our time-tested methodologies were at work to help investors navigate the market well last week. Here are some of our key performance data from the past three months.

Commercial Metals (CMC) Stock Sinks As Market Gains: What You Should Know

Commercial Metals (CMC) closed at $54.87 in the latest trading session, marking a -0.85% move from the prior day.

Olin's (OLN) Earnings Beat Estimates in Q4, Revenues Lag

Lower volumes from chemical businesses hurt Olin's (OLN) top line in the fourth quarter.

Nucor's (NUE) Earnings and Revenues Surpass Estimates in Q4

Nucor's (NUE) earnings and sales beat expectations in Q4 despite lower average sales prices and shipments.

Commercial Metals (CMC) Recently Broke Out Above the 20-Day Moving Average

Should investors be excited or worried when a stock crosses above the 20-day simple moving average?

Dow (DOW) Misses Q4 Earnings Estimates, Targets $1B Cost Savings

Lower prices and reduced volumes driven by weakness in consumer durables, and building & construction applications hurt Dow's (DOW) performance in Q4. It announces actions to deliver $1 billion in cost savings in 2023.

Here's How Much You'd Have If You Invested $1000 in Commercial Metals a Decade Ago

Why investing for the long run, especially if you buy certain popular stocks, could reap huge rewards.

Freeport (FCX) Earnings and Revenues Surpass Estimates in Q4

Freeport's (FCX) earnings and sales beat estimates in Q4 despite lower copper and gold prices.

Univar (UNVR) Buys Kale Kimya, Expands Product Portfolios

Univar (UNVR) acquires leading Turkey-based specialty chemical distributor Kale Kimya to strengthen its ingredients & specialty business.

Zacks.com featured highlights include Conagra Brands, Commercial Metals and Tenaris

Conagra Brands, Commercial Metals and Tenaris are part of the Zacks Screen of the Week article.

Commercial Metals (CMC) Gains But Lags Market: What You Should Know

Commercial Metals (CMC) closed at $52.15 in the latest trading session, marking a +0.38% move from the prior day.

Tirthankar Chakraborty headshot

3 Must-Buy Momentum Stocks Backed by the Driehaus Strategy

Stocks like Conagra Brands (CAG), Commercial Metals (CMC), and Tenaris (TS) have been selected as the momentum picks for the day using the Driehaus strategy.

Here's Why You Should Hold Onto Sherwin-Williams for Now

Sherwin-Williams (SHW) gains on favorable demand in North America and its pricing and expansion actions amid challenges from higher raw material costs and demand slowdown in Europe and China.

Ashland (ASH) Up 13% in 3 Months: What's Driving the Stock?

Ashland (ASH) gains on strong demand in most consumer end markets and its pricing and mix improvement actions.

Barrick (GOLD) Delivers Strong Q4 Production, Misses FY22 View

Barrick's (GOLD) preliminary results show strong performance for gold in Q4, while performance for copper is affected by lower production at Lumwana.

What Makes Reliance Steel (RS) Stock a Solid Choice Right Now

Reliance Steel (RS) benefits from strong demand in major end-use markets and strategic acquisitions.

Why You Should Retain Huntsman (HUN) Stock in Your Portfolio

Huntsman (HUN) benefits from its actions to grow its downstream specialty and formulation businesses and synergies of acquisitions.

CF Industries (CF) Signs MOU to Supply Clean Ammonia to JERA

CF Industries (CF) signs MOU with JERA to provide clean ammonia. It positions itself to be at the forefront of clean ammonia supply and accelerate the world's transition to clean energy.

Why Should You Add FMC Corp (FMC) Stock to Your Portfolio?

FMC Corp (FMC) benefits from higher demand for its products, its portfolio strength and new product launches.

Is Commercial Metals (CMC) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Can Commercial Metals (CMC) Run Higher on Rising Earnings Estimates?

Commercial Metals (CMC) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

DuPont (DD) Rides on Strong End-Market Demand and Innovation

DuPont (DD) gains on strong demand in major end markets, portfolio and pricing actions and its focus on driving growth though innovation and new product launches.

Is BHP Group Limited (BHP) Stock Outpacing Its Basic Materials Peers This Year?

Here is how BHP (BHP) and Commercial Metals (CMC) have performed compared to their sector so far this year.

Fast-paced Momentum Stock Commercial Metals (CMC) Is Still Trading at a Bargain

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Commercial Metals (CMC) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Here's Why You Should Retain Albemarle (ALB) in Your Portfolio

Albemarle (ALB) gains on strong demand and prices in its lithium unit and actions to boost its global lithium conversion capacity amid headwinds from cost inflation.