POSCO (ADR) (NYSE:PKX)
CAPS Rating:
The Company manufactures and sells a line of steel products, including hot rolled and cold rolled products, plates, wire rods, silicon steel sheets and stainless steel products.
The Company manufactures and sells a line of steel products, including hot rolled and cold rolled products, plates, wire rods, silicon steel sheets and stainless steel products.
Recs
I like PKX as an international play in raw materials. Very well managed company, with good free cash flow and a fairly healthy balance sheet. They will outperform when the overall economy rebounds.