Metals Channel
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

Noteworthy Monday Option Activity: DSKE, SCHN, WDFC
Monday, April 3, 3:25 PM ET, by Market News Video Staff

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy ...

The Math Shows DSI Can Go To $86
Friday, April 14, 7:40 AM ET, by Market News Video Staff

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...

Ex-Div Reminder for Schnitzer Steel Industries (SCHN)
Wednesday, April 19, 10:35 AM ET, by Market News Video Staff

On 4/21/23, Schnitzer Steel Industries Inc (SCHN) will trade ex-dividend, for its quarterly dividend of ...

How The Parts Add Up: VAW Headed For $200
Wednesday, May 17, 7:41 AM ET, by Market News Video Staff

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...

Schnitzer Steel Industries (SCHN) Shares Cross Above 200 DMA
Tuesday, June 6, 12:01 PM ET, by Market News Video Staff

In trading on Tuesday, shares of Schnitzer Steel Industries Inc (SCHN) crossed above their 200 ...

See How Schnitzer Steel Industries Ranks Among Analysts' Top Metals Picks

By Metals Channel Staff, Friday, March 12, 11:57 AM ET
Play Video: The Importance of ETFs


If the video does not load after a few moments, Upgrade to the Latest Flash Player.
Email EnvelopeFree Email Alerts By Stock:
Get Dividend Alerts
Get SEC Filing Alerts

A study of analyst recommendations at the major brokerages shows that Schnitzer Steel Industries Inc (SCHN) is the #45 broker analyst pick, on average, out of the 50 stocks making up the Metals Channel Global Mining Titans Index, according to Metals Channel. The Metals Channel Global Mining Titans Index is comprised of the top fifty global leaders from the metals and mining sector. The companies listed in the Metals Channel Global Mining Titans Index are not fixed, but instead variable — updating on a continuous basis to reflect the changing market environment with respect to commodity prices, government policy and market volatility.

In forming this rank, the analyst opinions from the major brokerage houses were tallied, and averaged; then, the underlying components of the Metals Channel Global Mining Titans Index were ranked according to those averages. Investors often interpret analyst opinions from different angles — when companies have a low rank among analysts, it isn't necessarily the case that investors should conclude that the stock will perform poorly. It can, of course, but a bullish investor could also take the contrarian angle and read into the data that there is lots of room for upside because the stock is so out of favor. From the other direction, a popular analyst pick could mean that many sharp minds individually came to the same bullish conclusion, and therefore the stock should do well, but it could also mean that if the company stumbles, that would come as a negative surprise.

SCHN operates in the Non-Precious Metals & Non-Metallic Mining sector, among companies like Ternium S A (TX) which is down about 1.7% today, and Vale SA (VALE) trading lower by about 2.6%. Below is a three month price history chart comparing the stock performance of SCHN, versus TX and VALE.

SCHN,TX,VALE Relative Performance Chart

SCHN is currently trading down about 2.6% midday Friday.


This Article's Word Cloud:   Analyst   Below   Channel   Favorites   Friday   From   Global   Index   Industries   Investors   Metallic   Metals   Mining   Precious   SCHN   Schnitzer   Start   Steel   Ternium   Titans   VALE   Vale   about   according   also   among   analyst   analysts   angle   angles   average   averaged   bullish   companies   could   down   from   major   market   mdash   mean   opinions   pick   rank   sector   should   stock   that   trading   were

See How Schnitzer Steel Industries Ranks Among Analysts' Top Metals Picks | www.MetalsChannel.com | Copyright © 2010 - 2024, All Rights Reserved

Nothing in Metals Channel is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and metals stock videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact Metals Channel; Meet Our Editorial Staff.