04-23-2020, 09:37 AM
(04-23-2020, 08:36 AM)Otter Wrote: Steel price has been in a downward trend for two years. Highly cyclical business.
Somehow their EPS seems to have an OK trajectory though. And that is an "meh, ok" not an "OKAY!". But still pretty decent looking earnings, at least on paper, during the past two years. I'm guessing there was some sort of a one-time fluke in 2018 though with the EPS being that high.
But yeah, this might be a company that I will be keeping my eye on if we can get a red day or two instead of the indexes going up a couple percentages daily.
