According to
Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best steel stocks to buy right now are:
1. Worthington Steel (NYSE:WS)
The Component Grade breakdown for Worthington Steel (NYSE:WS) is: Value: B, Growth: C, Momentum: C, Sentiment: C, Safety: B, Financials: C, and AI: B.
Worthington Steel (NYSE:WS) has a Due Diligence Score of 31, which is equal to the steel industry average of 31.
WS passed 12 out of 38 due diligence checks and has average fundamentals. Worthington Steel has seen its stock lose -19.06% over the past year, underperforming other steel stocks by -10 percentage points.
Worthington Steel has an average 1 year
price target of $34.00, an upside of 14.02% from Worthington Steel's current stock price of $29.82.
Worthington Steel stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Worthington Steel, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Olympic Steel (NASDAQ:ZEUS)
The Component Grade breakdown for Olympic Steel (NASDAQ:ZEUS) is: Value: C, Growth: C, Momentum: C, Sentiment: B, Safety: C, Financials: B, and AI: C.
Olympic Steel (NASDAQ:ZEUS) has a Due Diligence Score of 49, which is 18 points higher than the steel industry average of 31.
ZEUS passed 16 out of 38 due diligence checks and has strong fundamentals. Olympic Steel has seen its stock lose -33.59% over the past year, underperforming other steel stocks by -24 percentage points.
Olympic Steel has an average 1 year
price target of $41.00, an upside of 30.2% from Olympic Steel's current stock price of $31.49.
Olympic Steel stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Olympic Steel, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Mesabi Trust (NYSE:MSB)
Mesabi Trust (NYSE:MSB) is the #3 top steel stock out of 23 with a Zen Rating of C. Stocks with a rating of C have had an average return of +7.53% per year.
Learn more.
The Component Grade breakdown for Mesabi Trust (NYSE:MSB) is: Value: B, Growth: C, Momentum: B, Sentiment: C, Safety: D, Financials: A, and AI: C.
Mesabi Trust (NYSE:MSB) has a Due Diligence Score of 50, which is 19 points higher than the steel industry average of 31.
MSB passed 19 out of 38 due diligence checks and has strong fundamentals. Mesabi Trust has seen its stock return 68.43% over the past year, overperforming other steel stocks by 78 percentage points.