$19.70 -0.44 (-2.18%)
12/4/2009 10:45 AM

AK Steel Holding Corp (AKS)

CAPS Rating: 3 out of 5

The Company is a fully-integrated producer of flat-rolled carbon, stainless and electrical steels and tubular products through its wholly-owned subsidiary, AK Steel Corporation.

Recs

2
Member Avatar MShekht (96.51) Submitted: 10/20/2008 5:01:06 PM : Outperform Start Price: $14.93 AKS Score: +13.88

Beaten to bloody pulp. In a very short term = outperform (goldman analysts are bloody fools). $25 is reasonable, imho.In a longer run, the company is a bit sensitive to a downturn, so no miracles there, NUE is a better stock, better company. That said, love this stock at this price level, even if it's up 20 % today, still a screaming buy.

Report this Post 1 Comment
Member Avatar cubanstockpicker (69.33) Submitted: 11/12/2008 10:12:18 AM
Recs: 0 Rec This

very creative with the "beaten to bloody pulp" In a long term outperform it should read though. Recycling steel has gone down in prices by 3 times.Means they cant sell steel even if they hold back production. And if they hold back production their current evaluations are out the door. That low P/E and high margin, PEG and all other ratios are skewed going forward.

Featured Broker Partners