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Opinions Larry Berman CFA, CMT, CTA
Market Vectors Steel Index E.T.F.SLXBUYJun 05, 2017
Stock price when the opinion was issued
As of Jun 12, 2026. Market Open.
You might be interested:
US ETF that covers the whole steel sector. You want to see how your stock is trading relative to its sector. The sector itself looks really interesting. Doesn't have any direct exposure right now, but it's on his radar.
Pressures from tariffs and other things. If we're closer to the end of the business cycle, then a lot of these stocks are getting pretty cheap. He's not promising a turnaround is coming. He'd buy into pullbacks.
A steel ETF that covers stocks like Rio Tinto, Cleveland Cliff, etc.. The best way to play the global steel sector. Look at the 10 year chart to get perspective. We have seen a good rally already. A classic cyclical play. We are getting to the top end of the range. Not early.
Vinny Catalano
See his educational segment. The bump we saw in China is over. China will grow at a much lower rate than the last couple of years. He is playing SLX-N as the best infrastructure play as it is steel in the US.