United States Steel Corp (X)

Bring American industry home, where it belongs. At 31.40 it seemed like a bargain.

Once the ChiComms got a taste of Capitalism they reacted the same way a teen-age boy does when he gets his first taste of a teen-age girl. Both want more. Now since X has the ore and DSX and EGLE have the ships and PREZ D A N really cannot pull barges will taking hsi daily walks upon the water, X will fill the Holds of both shippers.

IBD highly rated stock

They do steel. Steel is used everywhere. The world is capacity constrained.

110

First off, you have roughly (As of 4-21-09) a 3.29 Billion Dollar Company, With a relatively low P/E (Under 2). This stock also pays a dividend of roughly 4.00%. The EPS are in the high tens almost $20.00, which doesn't mean too much, only a good indication that there is a low amount of outstanding shares. The Current ratio is at 2.06, which is a great sign. (Assets cover liabilities by 2:1). BUT a simple calculation of Book Value shows that this stock is roughly worth $42.13 per share. While X is only trading at $28.28. Nearly a $14.00 difference under what the stock should be at. Anyone can make a nice return on their investment with this stock, 50% return.

Metals are on the rise this year!

The shortage of raw steel. And the cheap labor through weak dallar value and high technology. Make this US steel company going have good sales and profit years to come. Specially, the emerging nations like China, south Asia, Latin America and some Africa countries would love to get piece of the X steels.

p/e is only 2, historically p/e is average of 12, this one is bound to pop, especially after the uptick rule is reinstated, bham!

At its current price/valuation, this will be one of the basic materials companies benefiting from government inspired infrastructure projects and general economic improvement, Even with potential short-term dips - I'll open a position at this price and add on dips.

Once the global economy picks up, steel and commodities will experience some pretty nice gains.

Way undervalued gem.

While everything is taking a hit, US Steel looks to be on the rebound. And with only more funding expected from the government for infrastructure, US Steel stands to gain from such investments.

Even though steel demand has been low, I do not think that will last much longer. The whole world seems to be stimilating their economies. This should eventually bring a higher demand for steel.

sell - china's steel business will kill ours - learn any lesson's from the auto business?

The steel industry is taking a pause but should rebound in the 2nd half. I believe this stock may be oversold at this point.

We need infrastructure repairs and steel only be needed even more in the future!

High demand for product

With 17 billion in revenue and 20% revenue growth doesn't hurt any company. Steel will be around for years to come.