Part of the weekly research here at The Acquirer’s Multiple features some of the top picks from our Stock Screeners and some top investors who are holding these same picks in their portfolios. Investors such as Warren Buffett, Joel Greenblatt, Carl Icahn, Jim Simons, Prem Watsa, Jeremy Grantham, Seth Klarman, Ray Dalio, and Howard Marks. The top investor data is provided from their latest 13F’s. This week we’ll take a look at:
Commercial Metals Company (NYSE: CMC)
Commercial Metals operates steel mills, steel fabrication plants, and metal recycling facilities in the United States and Poland. The company primarily manufactures rebar and structural steel, which are key product categories for the nonresidential construction sector.
A quick look at the price chart below for Commercial Metals shows us that the stock is up 99% in the past twelve months. We currently have the stock trading on an Acquirer’s Multiple of 9.13, which means that it remains undervalued.
(Source: Morningstar)
Superinvestors who currently hold positions in Commercial Metals include:
(Shares)
Cliff Asness – 1,869,734
Jim Simons – 628,800
Dan Rasmussen – 420,000
Joel Greenblatt – 181,967
Paul Tudor Jones – 76,916
Ken Griffin – 45,837
Ray Dalio – 40,329
Jeremy Grantham – 34,000
Jim O’Shaughnessy – 33,616
Israel Englander – 29,092
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