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
Co trades at book value and ROE of 20%. Earnings are not stable with this cyclical but all earnings have to drop to the share price. Value pick.