Steel Dynamics: Bullish with a Share Repurchase Program - Zacks.com

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Steel Dynamics: Bullish with a Share Repurchase Program
Aug 20, 2008 10:44 AM UTC

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Return	Risk
-25.81%	LOW

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Symbol	Sentiment	Start	Return	Closed
STLD		08/20/08	-32.50%	--

Via Long Investment Ideas from Seeking Alpha:

Steel Dynamics, Inc. (STLD) posted record second-quarter earnings of $1.05 per share in late July, citing strong shipments and higher selling values as catalysts. The earnings result more than doubled last yearâ€™s 51 cents and exceeded the consensus estimate by 13%. The company also upped its full-year earnings guidance as did Wall Street.

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