Ternium's Moves and Global Expansion Drive Tenfold Profit leapTernium ( NYSE:TX ), a leading steelmaker with operations spanning across Latin America and the United States, has recently announced staggering fourth-quarter financial results, showcasing a remarkable tenfold leap in net income compared to the same period last year. This surge in profitability can
−1.69 BRL
−332.11 M BRL
109.21 B BRL
About Ternium S.A.
Sector
Industry
CEO
Máximo Vedoya
Website
Headquarters
Luxembourg
Founded
2003
ISIN
BRTXSABDR003
FIGI
BBG00Q8J0GB4
Ternium SA engages in the production of flat steel. It operates through the Steel and Mining segments. The Steel segment includes the sales of steel products. The Mining segment involves in the sales of mining products, mainly iron ore and pellets. The company was founded in September 1961 and is headquartered in Luxembourg.
TX - a good stock for longTX is near 36 which can soon prove to be a strong support level.
Given strong fundamentals and good dividends it is worth giving a try.
If all goes well I am potentially holding it for years.
Market Cap - 8.18B
Revenue - 17.15B
Income - 4B
Assets - 17.1B
Operating cash flow - 2.72B
Weekly Watchlist May 10-14Here are some swing plays that I am considering this week. This is just a list of names that have a lot of potential and could surge to new highs soon. I may post on some of these throughout the week if I see a really good setup. I post watchlists like this one weekly, so like and follow for more :)
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Oscillators
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Neutral
SellBuy
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Neutral
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Strong sellStrong buy
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Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
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Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.