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Commercial Metals Company (NYSE:CMC) is among the stocks Jim Cramer reviewed while discussing the Iran ceasefire that triggered a relief rally. Answering a caller’s query regarding the stock, Cramer said:
Commercial Metals, I like Commercial Metals very much, but I’m going to steer you towards Nucor, which had another great session. I think Nucor could be a straight shot to $200. I wish that I had recommended it for my Charitable Trust. We made some changes today. Can’t change all at once, but NUE is the one you want.
Photo by Adam Nowakowski on Unsplash
Commercial Metals Company (NYSE:CMC) processes and recycles scrap metal and manufactures a variety of finished steel products and armor plates. In addition, the company provides specialized fabrication services and construction equipment for large-scale infrastructure and industrial projects. The company reported its Q2 2026 earnings on March 26.
It posted a non-GAAP EPS of $1.16, missing estimates by $0.14, and generated revenue of $2.13 billion, which was up nearly 22% year-over-year and beat estimates by $60 million. For FY26, Commercial Metals Company’s (NYSE:CMC) management expects to generate between $165 million and $175 million in EBITDA.
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