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Highest EBITDA Growth in the Steel Industry Detected in Shares of Timkensteel (TMST, CMC, ATI, RYI, ZEUS)

By Amy Schwartz

Below are the three companies in the Steel industry with the highest EBITDA Growth (next year estimate vs. LTM). EBITDA Growth can be valuable in predicting future cash flow generation and earnings power.

Timkensteel ranks highest with a EBITDA growth of 339.4%. Following is Commercial Metal with a EBITDA growth of 120.4%. Allegheny Tech ranks third highest with a EBITDA growth of 119.8%.

Ryerson Holding follows with a EBITDA growth of 50.1%, and Olympic Steel rounds out the top five with a EBITDA growth of 38.9%.

SmarTrend recommended that subscribers consider buying shares of Ryerson Holding on April 13th, 2018 as our technology indicated a new Uptrend was in progress when shares hit $9.30. Since that recommendation, shares of Ryerson Holding have risen 22.6%. We continue to monitor Ryerson Holding for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest ebitda growth timkensteel commercial metal allegheny tech ryerson holding olympic steel