NYSE:X

United States Steel (X)

54.85
+0.01 (0.02%)
as of Jun 17, 2025, 7:59:54 pm Market Open.
2 watching
0
TOP PICK
This is really about infrastructure. Thinks there is a substantial opportunity for a double.
DON'T BUY
Still seeing some pretty significant negative earning revisions on steel companies. They have a lot of tubular steel business and with lower drilling activity it will hurt them a little. Flat rolled steel prices are a bit weak. 5.5% yield is probably okay for now.
DON'T BUY
(Market Call Minute.) Steel companies are not the group to buy if you think the economy is going to continue to weaken.
COMMENT
Have gone through hard, hard times but are now much leaner and meaner and more efficient. Thinks there will be a lot of volatility before the details of infrastructure come out.
DON'T BUY
Nice exposure to infrastructure, which is desperately needed globally. Real challenge is that a lot of US steel goes into consumer-products like dishwashers and autos. He is on the sidelines on this one. Would rather play infrastructure through Aecon Group (ARE-T), Stantec (STN-T) or SNC Lavalin (SNC-T).
DON'T BUY
To overvalued for him. Model price is $100.73, a 10.5% overvaluation.
Showing 61 to 66 of 66 entries