GGB Stock Recent News

Investors need to pay close attention to Gerdau (GGB) stock based on the movements in the options market lately.

The most obvious reason investors should buy high-yield dividend stocks is that they provide income. Non-dividend stocks do not provide income and only provide cash when sold.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Gerdau (GGB) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Investors should keep their eyes on these best penny stocks to buy in April for substantial gains for the rest of the year. Penny stocks are more affordable than their higher-priced counterparts, allowing investors with limited capital to participate in the stock market and build a diversified portfolio.

When it comes to finding the best value stocks to buy, sometimes you have to go against the grain. That is, dive into stocks that have fallen out of favor with the market, to assess whether investor sentiment is on the money, or an overreaction.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Gerdau S.A. faces short-term challenges due to cheap Chinese steel exports but should benefit from significant infrastructure spending in the US and Brazil. GGB has significant exposure to the US market, which accounts for more than half its gross profits and should offset the impacts of Chinese steel exported to Brazil. Gerdau has a strong balance sheet and is well-capitalized to ride out these challenges and then benefit from the increased government spending in its key markets.

Gerdau S.A. (NYSE:GGB ) Q3 2023 Earnings Conference Call November 7, 2023 10:00 AM ET Company Participants Renata Oliva Battiferro - Head of Investor Relations Gustavo Werneck - Chief Executive Officer Rafael Japur - Chief Financial Officer Conference Call Participants Edgard Pinto de Souza - Itaú BBA Leonardo Correa - BTG Pactual Lucas Laghi - XP Gabriel Simoes - Goldman Sachs Renata Oliva Battiferro Good afternoon, everyone, and welcome to Investor Relations and our Presentation for the Third Quarter of 2023.