The Latest Breaking News from Steel Dynamics

The Meaning Behind Value Stocks A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.

Steel Dynamics (NASDAQ:STLD) has observed the following analyst ratings within the last quarter:

The Dow Jones Industrial Average rallied 300 points Thursday ahead of Fed Chief Powell's comments. Tesla surged 11% on earnings results.

Cleveland-Cliffs joined Nucor and Steel Dynamics in a steel stock rally after issuing a bullish outlook on Friday. Alcoa stock sank Thursday on its "tempered" outlook.

Steel Dynamics (NASDAQ:STLD) has outperformed the market over the past 20 years by 9.3% on an annualized basis producing an average annual return of 16.34%. Currently, Steel Dynamics has a market capitalization of $16.47 billion.

Steel Dynamics is near a buy zone with earnings due on or around Jan. 24.

Steel prices hit record highs in 2021 on a surge in global demand. And as manufacturing activities resume full swing globally, steel prices are expected to remain elevated. Thus, we think fundamentally sound steel stocks United States Steel (X) and Steel Dynamics (STLD) are solid bets now. Conversely, given surging…

Steel Dynamics (NASDAQ:STLD) reported its Q4 earnings results on Monday, January 24, 2022 at 04:30 PM. Here's what investors need to know about the announcement.

Steel Dynamics kicked off a big week of steel stock earnings with Nucor and U.S. Steel to follow. Can STLD, NUE and X rebound?