United States Steel Corp (NYSE:X)

CAPS Rating: 3 out of 5

Pittsburgh-based U.S. Steel is an integrated steel producer, running steel mills, making steel products, and selling steel to carmakers, builders, and others who need steel.

Recs

1
Player Avatar IBDvalueinvestin (99.49) Submitted: 2/8/2012 2:28:50 PM : Outperform Start Price: $30.85 X Score: -27.33

Best leveraged company for Auto Industry revival in sales. 2012 Auto sales have been forecasted to rise most since clunkers program at a 10% rise over 2011.

Report this Post 2 Comments
Member Avatar IBDvalueinvestin (99.49) Submitted: 2/8/2012 2:43:13 PM
Recs: 0

Article explains how United States Steel has advantage and can increase profit margins :
http://seekingalpha.com/article/262958-u-s-steel-has-opportunity-to-lift-profit-margins

Member Avatar IBDvalueinvestin (99.49) Submitted: 2/8/2012 3:50:56 PM
Recs: 0

Can you believe that at the high of 2007 United States Steel Corp. had a market cap of about $48B and today that is down to just $4.45B.

That is what a recession can do to mkt caps, but in the same breath you can see what a bull market can also do to the mkt cap.

We have entered a New Bull Market.

Featured Broker Partners


Advertisement