Margin growth, Dividends & Sentiment = Great Setup
Good find. The case for Latam is steel is particularly stronger now considering the new tariffs in North America this week, brilliant timing.
* Key tariff rate of steel and aluminium products increase from 7.5 to 25%
I saw that too ;)
Don't you think, that VALE S.A. would be a better option?
Gerdau has huge exposure to the U.S., which is a great market for steel. Vale produces Iron Ore, Gerdau produces steel from Iron Ore. Currently, Gerdau trades at 4.8x 2025E earnings and has a very strong balance sheet. This selloff is silly
Thanks for the Find! Current opinion on IPCO?
Thaks! Obviously the stock has run up a lot, but Im still a believer in the managment team and think that oil moves higher.
Good find. The case for Latam is steel is particularly stronger now considering the new tariffs in North America this week, brilliant timing.
* Key tariff rate of steel and aluminium products increase from 7.5 to 25%
I saw that too ;)
Don't you think, that VALE S.A. would be a better option?
Gerdau has huge exposure to the U.S., which is a great market for steel. Vale produces Iron Ore, Gerdau produces steel from Iron Ore. Currently, Gerdau trades at 4.8x 2025E earnings and has a very strong balance sheet. This selloff is silly
Thanks for the Find! Current opinion on IPCO?
Thaks! Obviously the stock has run up a lot, but Im still a believer in the managment team and think that oil moves higher.