Roller-coasterA new high yesterday, and "how the mighty have fallen" today. I am glad I took advantage of the rise yesterday and rebought today - although not nearly at the highs and lows. Still good enough.
I see analysts keep pushing share price expectations higher. TipRanks now projects $54, 59.40 and 70, while Refinitiv says 51, 60.20 and 70. Refinitiv expects earnings for Q3 at $6.57, and for Q4 $7.73. For the year they project over $20.
Steel prices remain quite elevated, and for me this is the premier stock to own. Even if it just goes to $60, that's still a 20% gain, not counting dividends or more share buybacks. GLTA.