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NEW YORK (TheStreet) -- Commercial Metals (CMC) - Get Report has been upgraded by TheStreet Ratings from Hold to Buy with a ratings score of B-.  TheStreet Ratings Team has this to say about their recommendation:

TheStreet Ratings team rates COMMERCIAL METALS as a Buy with a ratings score of B-. TheStreet Ratings Team has this to say about their recommendation:

"We rate COMMERCIAL METALS (CMC) a BUY. This is driven by multiple strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, attractive valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income."

Highlights from the analysis by TheStreet Ratings Team goes as follows:

• CMC's revenue growth has slightly outpaced the industry average of 2.6%. Since the same quarter one year prior, revenues slightly increased by 3.9%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
• COMMERCIAL METALS has improved earnings per share by 10.3% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past year. We feel that this trend should continue. During the past fiscal year, COMMERCIAL METALS increased its bottom line by earning $0.87 versus $0.64 in the prior year. This year, the market expects an improvement in earnings ($1.23 versus $0.87).
• The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. Compared to other companies in the Metals & Mining industry and the overall market on the basis of return on equity, COMMERCIAL METALS has outperformed in comparison with the industry average, but has underperformed when compared to that of the S&P 500.
• CMC has underperformed the S&P 500 Index, declining 20.90% from its price level of one year ago. Turning toward the future, the fact that the stock has come down in price over the past year should not necessarily be interpreted as a negative; it is one of the factors that makes this stock an attractive investment.
• You can view the full analysis from the report here: CMC Ratings Report