CMC(commercial metals company) is gonna reach $80+ easily
$CMC
AI SUMMARY โ Commercial Metals Company (CMC) is positioned to reach $80+ per share due to strong fundamentals in the steel and metals sector, supported by infrastructure spending and supply constraints. Key risks include cyclical downturns in construction/manufacturing, commodity price volatility, and potential oversupply in the metals market.
| TICKER | CMC |
USER | u/just_makemoney |
| RATING |
BULLISH |
ENTRY |
$73.28
|
| POSITION |
136 sh
SYN
|
BOOK VAL |
$9966.08 |
| CURRENT |
$71.29 |
P&L % |
-2.72%
|
| CURR VAL |
$9695.44 |
P&L $ |
-270.64
|