Befesa Benefits from the Surge in Metal Prices and Has Three Catalysts for Growth. New 52-Week High!

Among the stocks at their 52-week highs, Befesa is the top breakout candidate at 32 euros. Here's what currently speaks for the stock. Value stocks in the industrial sector are performing well, and the steel sector is leading this movement. Befesa, as a recycling company, is part of this, as it benefits from increased steel production through the recycling of steel dust. In addition to rising steel production, the CBAM issue acts as a growth driver. This EU carbon border adjustment protects domestic production from "dirty" imports and structurally...