ArcelorMittal (ADR) (NYSE:MT)

CAPS Rating: 4 out of 5

The Company is a global steel producer. It produces a range of high-quality finished and semi-finished carbon steel products including sheet and plate, long products, including bars, rods and structural shapes, and stainless steel products.

Recs

6
Player Avatar TXinvestor82 (33.53) Submitted: 11/2/2011 12:45:09 PM : Outperform Start Price: $18.48 MT Score: -100.04

I'm kicking myself for not buying this at $15.50! Lakshmi Mittal is a savvy businessman who has spend the past 3 decades forging the largest steelmaker in the world. However, his financial prowess keeps him looking over profitability like a hawk, and even through the downturn he did not sacrifice the company's margins.
With global operations, I feel that Europe's problems have been unfairly sinking this stock all year. It's still best-in-class. Outperform.

Member Avatar egboult (69.96) Submitted: 11/30/2013 9:13:47 PM
Recs: 0

Shouldn't one of the richest and most distinguished men in the world be able to run a more successful company; steel is a tough business but he could have branched out in many more reliably profitable areas. Create something like a giant version of BHP or any of a hundred lines from energy to shipping to financial services and IT. This guy must love steel

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