$60.04 1.08 (+1.83%)
11/25/2009 4:00 PM

MARKET VECTORS STEEL (SLX)

CAPS Rating: 4 out of 5

Exchange trade fund

Results 1 - 20 of 25 1 2 Next »

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Member Avatar AnnaLisaCupcake (< 20) Submitted: 6/1/2009 10:12:18 AM : Outperform Start Price: $47.00 SLX Score: +8.78

Steel ETF.

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Member Avatar greensinreg (< 20) Submitted: 5/5/2009 10:39:01 PM : Outperform Start Price: $40.30 SLX Score: +26.23

To my mind commodities are undervalued much more than the S&P and that in the long run this is a very solid pick.

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Member Avatar aquabat63 (69.09) Submitted: 3/14/2009 8:47:59 PM : Outperform Start Price: $25.90 SLX Score: +84.53

These P/E numbers are just too lousy.

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Member Avatar davidgn09 (98.98) Submitted: 10/14/2008 10:22:52 AM : Outperform Start Price: $37.50 SLX Score: +47.54

BRIC ain't done yet.

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Member Avatar tjwb71 (36.11) Submitted: 7/9/2008 5:44:42 PM : Outperform Start Price: $87.96 SLX Score: -24.11

Nice way to diversify and play the steel industry...Overall growth in sector should outperform market over the next 5 to 10 yrs with the global demand and supply still tight regardless of slowing demand for steel within the US economy.. P/E still very favorable on the sector.

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Member Avatar drewjp (72.81) Submitted: 6/18/2008 2:01:59 PM : Outperform Start Price: $100.47 SLX Score: -26.22

Steel has been a hot commodity ever since China and India have upped their demand. Current outlook is very positive and this fund is diverse enough.

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Member Avatar rvh95rvh95 (61.97) Submitted: 6/7/2008 11:47:53 AM : Outperform Start Price: $103.38 SLX Score: -26.20

Took notice of this industry when the price of scrap steel started to climb. Steel is hot and should remain strong in the next decade as China and India continue to industrialize. Low risk with lots of upside in this ETF.

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Member Avatar JDKeene (92.63) Submitted: 5/29/2008 11:25:10 PM : Outperform Start Price: $101.09 SLX Score: -23.94

from ETF Screener

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Member Avatar punk71 (44.47) Submitted: 5/22/2008 1:36:35 PM : Outperform Start Price: $104.09 SLX Score: -24.92

Steel will continue to rise as supplies are snatched up by the Chinese.

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Member Avatar train444 (< 20) Submitted: 5/19/2008 11:10:09 AM : Outperform Start Price: $108.09 SLX Score: -25.01

Real world holding. Picked based on performance.

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Member Avatar BlindSkuirrel (63.51) Submitted: 5/16/2008 9:59:09 AM : Outperform Start Price: $106.12 SLX Score: -24.53

It's a hard cold fact - steel is where it's at!

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Member Avatar MysticSemjaza (< 20) Submitted: 5/12/2008 2:17:36 AM : Outperform Start Price: $98.64 SLX Score: -22.08

A great ETF in the red hot steel market -- while individual sector stocks offer greater return, this ETF offers wide exposure to the market -- and has been soaring over the last year.

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Member Avatar msncapsid (< 20) Submitted: 4/27/2008 2:15:06 PM : Outperform Start Price: $93.45 SLX Score: -18.37

always a need-gotta go up

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Member Avatar AlphaMale11 (< 20) Submitted: 4/9/2008 3:33:36 AM : Outperform Start Price: $92.44 SLX Score: -19.60

steel etf

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Member Avatar LuvABear (52.89) Submitted: 4/5/2008 8:45:39 PM : Outperform Start Price: $93.49 SLX Score: -19.53

Lots of bullish signs here. However the stock is overbought. I expect a pull back then another run.

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Member Avatar Happyhusky (85.84) Submitted: 4/3/2008 12:39:40 PM : Underperform Start Price: $87.80 SLX Score: +16.04

no real logic behind this one

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Member Avatar kjjr (< 20) Submitted: 3/17/2008 5:22:12 PM : Outperform Start Price: $81.71 SLX Score: -15.39

Global shortages, very few players causing accelerated pricing.

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Member Avatar dieselpham (24.98) Submitted: 1/19/2008 8:35:12 PM : Outperform Start Price: $59.10 SLX Score: +10.34

etf

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Member Avatar pinti (< 20) Submitted: 12/20/2007 2:02:58 PM : Outperform Start Price: $77.74 SLX Score: -2.71

Takes advantage of rocketing steel prices and rising global demand (mainly China and India), get a good diverse mix of the major steel firms in this ETF from Market vectors. (72.21% YTD) A strong 2008 anticipated.

However, since steel is subject to intense price competition and market volatility, along with governmental interference, tremendous returns are not something you should expect to experience all the time.

SLX can be looked at as another way to participate in emerging markets like China and Vietnam, where strong demand for steel is led by growth in autos, construction, and consumer durables.

For most investors, a more diverse approach to commodities is probably a better approach, but for those who can afford concentration and the risk that goes with it, this fund could make an interesting, but small, component of your portfolio. Recommended 'Buy'

A less risky alterantive which gives you exposure to steel is PowerShares DB Base Metals (DBB)

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Member Avatar ZachGruver (98.42) Submitted: 11/3/2007 11:34:49 AM : Outperform Start Price: $77.29 SLX Score: -0.30

As global expansion continues, the demand for steel will continue to be strong. As an ETF tracking the American Stock Exchange steel index, it provides great exposure to steel but not as much risk as putting all of your capital into a single steel producer.

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