SPDR S&P Metals and Mining (ETF) (AMEX:XME)

CAPS Rating: 1 out of 5

Exchange traded funds

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Player Avatar Parobek (64.42) Submitted: 1/22/2008 1:48:45 PM : Outperform Start Price: $55.94 XME Score: -32.37

Steel ETF. Clearly, this stands to continue to grow over time. After my family was involved in the decline of the steel industry in Chicago in the early-to-mid 80's, I've taken a particular interest in the manner in which demand has been met. As commercial growth rises in foreign segments, production capacity of steel will have to rise to meet the requirements. A good, solid buy!

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