Steel Dynamics (STLD) Stock Looks Cheap Even After A 324% Run

Steel Dynamics has seen its share price climb sharply in recent years, and with management now flagging stronger shipments and improved profitability, the question for investors is whether the current market value is fully supported by the cash flows the business can generate. Over the past 5 years, Steel Dynamics has delivered a share price gain of about 323.9%, which puts a lot of weight on whether the underlying cash flows justify that kind of move. Management now expects higher...