Boston, MA 01/29/2014 (wallstreetpr) – Steel Dynamics, Inc. (NASDAQ:STLD) continues to be the top-favourite along with Nucor Corp for investors looking for good growth in the steel sector. The reasons for STLD making it to the top of the list are – growth of 18%, strong margins, strong pipeline and well-diversified products which have throughout the year demand. This is especially due to car industry driving demand, along with many manufactured goods too dominating the market. Non-residential construction too is driving demand for structural and fabricated steel, allowing Steel Dynamics, Inc. (NASDAQ:STLD) to remain on course.
Meanwhile, Chinese solar products hits the sweet spots with Japanese deal
Chinese solar products manufacturer, ReneSola Ltd (NYSE:SOL) playing predominant role in the manufacture and supply of solar wafers – which are thin sheets of crystalline silicon and multicyrstalline ingots sliced up- see more action in Japan.
ReneSola Ltd (NYSE:SOL) deal to product 420MW of solar power across 10 power plants for an unknown Japanese solar project business is as intriguing as it means profits for the Chinese solar power products manufacturer. The Chinese products will begin to be delivered immediately with the project to be completed by 2015 and most of the terrain being mountainous regions of Japan. With Japan leading a slight revival for solar products, many solar products manufacturers in China are in sight of second wind.
Symantec Corporation (NASDAQ:SYMC), the US-based security software provider with a presence in the storage as well as systems management platform continues to be troubled by other players such as CommVault in the enterprise sector. Symantec Corporation (NASDAQ:SYMC) despite launching its latest release- NetBackup 7.6, did not see much transaction. The enterprise level market segment is crowded along with major player like IBM. In recent times, IBM has made further forays into the tertiary services scene with the acquisition of Tivoli Storage Manager platform. Both Symantec and IBM fail to grow in comparison to CommVault’s scorching northward pace.
