TX / An Undervalued Steel Play With a Margin of Safety

Ternium S.A. (NYSE:TX ) Q3 2023 Earnings Conference Call November 1, 2023 8:30 AM ET Company Participants Sebastian Marti - Investor Relations Maximo more_horizontal

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Neverthe more_horizontal

While it's a general rule of thumb that you get what you pay for, in the market, you can sneak in some overlooked compelling discounts, which might be more_horizontal

Ternium has been hit hard by sliding steel prices, but the company says headwinds could be easing. Ternium's decision to build a $2.2 billion electric more_horizontal

BCH, TX and PCAR made it to the Zacks Rank #1 (Strong Buy) income stocks list on May 1, 2023. more_horizontal

The Fed is baking in a recession, maybe you should prepare for one. We have some stock suggestions to buy for such a scenario. more_horizontal

Latin American equities have not enjoyed as much relative strength against the US as some other regions this year. With rallying commodities, namely s more_horizontal

Despite a very tough macroeconomic climate which has caused some steel industries to close, TX has been resilient and registered good profit margins. more_horizontal