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$20.19 -0.39 (-1.90%)
12/5/2008 9:34 AM

ArcelorMittal (ADR) (MT)

CAPS Rating:
****

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.

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Recs

2

Avatar jester112358 (< 20) Submitted: 6/28/07 10:52 AM : Outperform Start Price: $60.10 MT Score: -22.13

Very good value and growth stock. Recent stock buyback is another driver for stock appreciation. The best aspect of this company, which is in my real portfolio, is the terrific management. One of the most cost efficient steel producers.

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Recs

6

Avatar NateWonder (72.28) Submitted: 1/27/07 12:43 AM : Outperform Start Price: $43.36 MT Score: -12.43

They are the largest steelmaker in the world and they still see buying opportunities. Acquired plants in India and China which will help top-line growth and hopefully bottom-line growth. They are becoming the Wal-Mart of steel.

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Recs

5

Avatar NetscribeManufac (31.52) Submitted: 12/14/06 8:21 AM : Outperform Start Price: $39.58 MT Score: -8.13

The new Arcelor Mittal is a powerful combination that has changed the landscape of the global steel industry. With a production capacity of more than 115 million tons and production operations spread across 27 countries, the company has become the wo...

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Recs

3

Avatar ellertsson (< 20) Submitted: 4/04/07 6:14 PM : Outperform Start Price: $51.84 MT Score: -19.44

Arcelor Mittal (MT) cleared a 54.45 buy point of a flat base. Shares jumped 1.44 to 55.04 on a 62% increase in volume - IBD 4.4.2007

EPS 96
RS 93   
Annual est EPS change +17%   
Last qrtr EPS change +37.0%   
Next qrtr EPS c...

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Recs

3

Avatar DocHeck (84.05) Submitted: 11/28/06 7:38 PM : Outperform Start Price: $39.18 MT Score: -8.58

10% world market share! Bought up many small, struggling mills throughout the world, forming a network of plants world-wide that can now accommodate customers by delivering product to anyone from a nearby facility. I expect a volatile, rocky ride w...

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Recs

3

Avatar jhl247 (35.70) Submitted: 11/09/06 1:18 PM : Outperform Start Price: $40.88 MT Score: -11.06

Ever heard of Lakshimi Mittal? He's the 3rd richest person in the world you've probably never heard of. In an industry such as Steel-- being the top dog (in free markets) means you can afford to lose money if it strangles your competitors (i.e- dum...

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Recs

2

Avatar iLikePie (57.63) Submitted: 2/19/07 11:19 AM : Outperform Start Price: $48.11 MT Score: -15.72

A big advantage for this company is their global operations. Though the US housing and building market is on a bit of a decline, development in other areas of the world is still truckin' along.

MT's growth may indeed slow for a while this year, but ...

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Recs

1

Avatar pjain (30.88) Submitted: 7/06/07 1:41 PM : Outperform Start Price: $62.38 MT Score: -22.59

Metal consumption is on the rise every where and MT Management has shown over and over that they are at the forefront of building out and acquiring the right businesses as well as making lots of money for their shareholders.

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Recs

3

Avatar SCVPhD (39.86) Submitted: 9/21/06 3:19 PM : Outperform Start Price: $32.45 MT Score: -1.50

Mittal Steel is the most global steel company in the world. Their recent aquisition of Arcelor will only strengthen their positions in markets where they were previously not active, and will provide economies of scale.

With all of the rapid growth ...

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Recs

2

Avatar rajadhyaksha (31.62) Submitted: 1/30/07 4:44 PM : Outperform Start Price: $44.03 MT Score: -12.96

With the Asian economies skyrocketing they will need more and more steel for infrastructure...when they get saturated there will be some others which will be building their infrastructure...MT is on track to become one of the largest steel companies ...

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