Strong Cash Flows Allow Steel Dynamics to Continue Expanding
When investors think about buying shares in a steel company, the first thing to acknowledge is the cyclical nature of the business, and accordingly, how the stocks themselves will reflect those cycles.
But once a decision is made to invest in the sector, businesses with long-term growth prospects and low-cost production should be at the top of your list. Steel Dynamics (NASDAQ: STLD) is one of those businesses.
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Source Fool.com