$19.70
-0.44 (-2.18%)
AK Steel Holding Corp (AKS)
CAPS Rating:
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.

RSS Headlines
Fool UK
Recs
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.
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.