Ternium – don’t missthis boat

As a value investor, I have been told not to watch prices daily. But given the general upbeat, you may miss the opportunity if you do not do this. Take Ternium as an example

Ternium and its subsidiaries manufacture, process, and sell various steel products mainly in South America. This is cyclical company that is fundamentally sound. It doubled its revenue over the past 12 years through organic growth and acquisitions. It achieved a growing ROE with corresponding improvements in operating efficiencies.

Moral of the story? Sometimes if you don’t watch price daily, you may miss the boat.