Ternium: Outlook Solid After Boosting Stake In Brazilian Steelmaker (Reiterate Buy) (TX)
Vladimir Zapletin Since I gave Ternium S.A. (NYSE:TX) a buy rating in May, the stock is down about 2% largely due to falling steel prices and missing its Q3 EPS target. However, steel prices are bottoming, the company is growing market share in both Mexico and Brazil, and EPS is projected to rise by almost…