Industry News

Steel Dynamics Stock Rallies on High Demand and Strong Fundamentals

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Update time : 2023-03-03 15:04:42

So, what’s Big Money? Said simply, that’s when a stock climbs in price alongside chunky volumes. It’s indicative of institutions betting on the shares.

Smart money managers are always looking for the next outperforming stock. Steel Dynamics is both attractive on a fundamental basis and momentum basis.

This could set up well for the stock going forward. Let’s check in on the demand picture for the stock.

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