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COMMERCIAL METALS COMPANY (NY:CMC)

16.00 +0.04 (0.25%)
COMMERCIAL METALS COMPANY (NY:CMC) Delayed :
Previous Close $15.96    52 Week High $21.29 
Open $15.82    52 Week Low $6.25 
Day High $16.02    P/E 94.12 
Day Low $15.52    EPS $0.17 
Volume 1,117,632       
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Comments on recent CMC articles

Smith International
on May 25, 2009
at 02:05 AM
Smith International Share Price Commercial Metals recycles, manufactures, and distributes steel and metal products in the United States and abroad. U.S. operations contributed roughly 70% of revenue and operating profit in 2008. The firm shipped 5.7 million tons of steel during fiscal 2008, mostly rebar and structural products to the construction industry. CMC also operates a copper mill and supplies ferrous, copper, and aluminum scrap to mills at home and abroad. For more information on Commercial Metals Share Price visit http://www.stocknod.com/cmc-Commercial-Metals-stock-prices.aspx.
Article: Commercial Metals (CMC) Stock Reverses as Conference Call Gives Hope to Analysts
dr bob
on Oct 9, 2008
at 12:41 PM
Goldman sachs These guys seem to be pretty lousy analysts. First, they recommend selling gold about a month ago...not long before gold has it's largest one-day gain EVER. I think they were the same guys that were predicting $200 oil (and now oil is at about $87). Nice call, Goldman. Now, today, GS downgrades X...and lowers its price target from 182 to 56! They go from buy to neutral.Think about this a minute: one month ago they were still recommending to buy X...then, after the stock declines by about 60%, they change to "neutral" (as in, "I have no idea what the stock price should be now...or will be in the future"). Yeah thanks for the advice, Goldman. I wouldn't be surprised to see GS change their rating of X to SELL a month from now...after the stock declines another 20% or so. These guys are clowns...it's no wonder that GS stock is at 100 right now. I'll think about buying GS when it gets to 50. Maybe by then, they'll have fired their current equity analysts and hired some that might actually communicate once in a while with the companies that they cover. It seems to me that their current batch of analysts are incompetent hacks...if you take their advice, you're sure to lose a lot of money. Then again, maybe they're simply trying to manipulate stock prices so that they can make money in their own accounts (at the expense of the average investor, of course).That might help get their earnings up...
Article: US Steel Sector downgraded to Neutral at Goldman Sachs
HA
on Oct 9, 2008
at 07:32 AM
Where was GS 80% ago? ....
Article: Goldman Sachs Cuts U.S. Steel, Steel Dynamics, AK Steel; Upgrades Commercial Metals

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