ArcelorMittal (ADR) (NYSE:MT)
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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money machine...back up the truck
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This company prints money. World growth is still strong and this company is everywhere.
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I feelt his company really reaches out to the global comunity in its need for steel, and this will always be a booming industry!. Although sale growth will slow, this company will still reap huge profits!
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Russia. 5 Star. Steel.
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Let's see if this doesn't keep it's upward swing because with the constant need after nayure takes it's course I think the demand is really strong right now.
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Steel is required for ifrastracture to cars, Ships to what not. Growth in bric countries is not slowing down in any appreciable measure come. Appetite for still is great. MT is very well managed vertical Still company and largest in world. Biggest problem is raw material cost. MT is addressing this by owning Still mine and making sure avilability of raw materials ( IRON, MO etc). IT has Pricing power and raised everal times per ton still cost. Management is focused and ready to shed and aquire when needed. With cost spikikng one need to keep eye on the Revenue and Net income growth. Keep monthly evaluation of this stockk.
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As with all my picks: A very attractive P/E, excellent EPS growth rate and high five year growth prospects.
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good value in industry...Lt play
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Chart is going straight up and shows no sign of going down.
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This company is amazing. Steel in the world market is going to make this company perform even better than its at now.
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I have a good feeling about this stock as we will need to build a sound structure.
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Demand for steel increasing globaly due to Infrastructure upgrades in the US and other developed conuntries as well as construction in developing countries. Well managed company is in a good place to take advantage of rising prices.
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ArcelorMittal is trying hard to break 90 dollars and it has the potential to. Invest and hope for the best, because if it does break 90 it could head up into the 100s.
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One of the top 25 holdings of CGM Focus - CGMFX
Risk High
Rating Rating: 5 out of 5
Return High
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best NYSE stock in a five-star tag
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Estimates Up, Upgrades
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Huge growth in China will drive this stock.
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Global steel producer which provides steel to china. China's infrastructure is growing and using steel at ever increasing levels for building.
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