Syeda Seirut Javed
Sat, April 11, 2026 astatine 10:47 AM CDT 1 min read
Commercial Metals Company (NYSE:CMC) is among the stocks Jim Cramer reviewed portion discussing the Iran ceasefire that triggered a alleviation rally. Answering a caller’s query regarding the stock, Cramer said:
Commercial Metals, I similar Commercial Metals precise much, but I’m going to steer you towards Nucor, which had different large session. I deliberation Nucor could beryllium a consecutive changeable to $200. I privation that I had recommended it for my Charitable Trust. We made immoderate changes today. Can’t alteration each astatine once, but NUE is the 1 you want.
Photo by Adam Nowakowski connected Unsplash
Commercial Metals Company (NYSE:CMC) processes and recycles scrap metallic and manufactures a assortment of finished alloy products and armor plates. In addition, the institution provides specialized fabrication services and operation instrumentality for large-scale infrastructure and concern projects. The institution reported its Q2 2026 net connected March 26.
It posted a non-GAAP EPS of $1.16, missing estimates by $0.14, and generated gross of $2.13 billion, which was up astir 22% year-over-year and bushed estimates by $60 million. For FY26, Commercial Metals Company’s (NYSE:CMC) absorption expects to make betwixt $165 cardinal and $175 cardinal successful EBITDA.
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