2. As of noon trading, Gerdau ( GGB) is down $0.07 (-0.9%) to $8.11 on light volume Thus far, 2.3 million shares of Gerdau exchanged hands as compared to its average daily volume of 6.3 million shares. The stock has ranged in price between $8.10-$8.27 after having opened the day at $8.16 as compared to the previous trading day's close of $8.18.

Gerdau S.A. engages in the production and commercialization of steel products worldwide. Gerdau has a market cap of $14.0 billion and is part of the basic materials sector. The company has a P/E ratio of 6.8, below the S&P 500 P/E ratio of 17.7. Shares are down 9.0% year to date as of the close of trading on Monday. Currently there are 3 analysts that rate Gerdau a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Gerdau as a hold. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. Get the full Gerdau Ratings Report now.

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE

If you liked this article you might like

Resist All the Dow 22K Hoopla: Cramer's 'Mad Money' Recap (Wednesday 8/2/17)

Chevron, Universal Display, Dynavax Technologies, Schlumberger: 'Mad Money' Lightning Round

Toll Brothers, CyberArk Software, Palo Alto Networks, Radian Group: 'Mad Money' Lightning Round

Earning the Bulls' Trust: Cramer's 'Mad Money' Recap (Thursday 6/1/17)

5 Things You Must Know Before the Market Opens Monday