Steel Dynamics, Inc. (STLD): A Bull Case Theory

We came across a bullish thesis on Steel Dynamics, Inc.  on Stock Picker’s Journey’s Substack by Gregg Jahnke. In this article, we will summarize the bulls’ thesis on STLD. Steel Dynamics, Inc. 's share was trading at $127.56 as of July 31^st. STLD’s trailing and forward P/E were 18.51 and 14.29 respectively according to Yahoo Finance.

Steel Dynamics (STLD) has been added to the Model 25 portfolio at $131, replacing AES, in a rare top-down decision driven by macroeconomic expectations rather than valuation. While the author typically favors bottom-up stock picks like Pepsi and...