Posco

PKX-N

NYSE:PKX

38.99
0.80 (2.01%)
POSCO is a multinational steel-making company headquartered in Pohang, South Korea. It had an output of 42 million tonnes of crude steel in 2015, making it the world's fourth-largest steelmaker by this measure.
More at Wikipedia

Analysis and Opinions about PKX-N

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
April 15, 2013

Korean steel company. World-class facility. Stock is off 15% over the last year. This is a warrant on your view of what global economic growth is going to be, what Chinese industrial demand is going to be and, therefore, incredibly volatile. Looks cheap but the question is, are the earnings sustainable. Steel stocks are cyclicals and you buy them when they look dreadful and sell them when everything looks wonderful. At the moment they look okay, but sentiment is turning and you don’t want to be there at the moment.

Show full opinionHide full opinion
Posco (PKX-N)
April 15, 2013

Korean steel company. World-class facility. Stock is off 15% over the last year. This is a warrant on your view of what global economic growth is going to be, what Chinese industrial demand is going to be and, therefore, incredibly volatile. Looks cheap but the question is, are the earnings sustainable. Steel stocks are cyclicals and you buy them when they look dreadful and sell them when everything looks wonderful. At the moment they look okay, but sentiment is turning and you don’t want to be there at the moment.

COMMENT
COMMENT
August 1, 2012

Great case of a fantastic company where the time is not right. It is the best steel company globally. Highest returns, highest profits, great customer base, good expansion in both India and especially Indonesia. Doesn't own it because there is significant global overcapacity. If you can stomach medium-term volatility over the next year or 2 and you have a five-year time horizon, it will serve you very well.

Show full opinionHide full opinion
Posco (PKX-N)
August 1, 2012

Great case of a fantastic company where the time is not right. It is the best steel company globally. Highest returns, highest profits, great customer base, good expansion in both India and especially Indonesia. Doesn't own it because there is significant global overcapacity. If you can stomach medium-term volatility over the next year or 2 and you have a five-year time horizon, it will serve you very well.

HOLD
HOLD
July 9, 2012
This is a “Risk-On” security. If you look at the South Korean index, this is their bellwether cyclical stock in the SK benchmark. Widely owned institutionally and retail and there is a lot of money inflow/outflow into the stock. If you like steel, Buy South African’s Kumba Iron Ore (KIROY-N), which gives you a 9% yield.
Show full opinionHide full opinion
Posco (PKX-N)
July 9, 2012
This is a “Risk-On” security. If you look at the South Korean index, this is their bellwether cyclical stock in the SK benchmark. Widely owned institutionally and retail and there is a lot of money inflow/outflow into the stock. If you like steel, Buy South African’s Kumba Iron Ore (KIROY-N), which gives you a 9% yield.
BUY
BUY
January 6, 2011
Very popular emerging market stock. High degree of vertical integration (cheap access to coal and iron ore). Had a great run due to Chinese demand.
Show full opinionHide full opinion
Posco (PKX-N)
January 6, 2011
Very popular emerging market stock. High degree of vertical integration (cheap access to coal and iron ore). Had a great run due to Chinese demand.
DON'T BUY
DON'T BUY
March 18, 2008
Not a buyer of steel stocks right now.
Show full opinionHide full opinion
Posco (PKX-N)
March 18, 2008
Not a buyer of steel stocks right now.
BUY
BUY
August 16, 2005
Many believe it is the premier steel company in the world. Have been benefiting from the big demand in new ships. Korean auto companies are also doing very well. Produce a very high quality steel. Even the Chinese are buying from them because they want the high end steel. Stock is fairly cheap.
Show full opinionHide full opinion
Posco (PKX-N)
August 16, 2005
Many believe it is the premier steel company in the world. Have been benefiting from the big demand in new ships. Korean auto companies are also doing very well. Produce a very high quality steel. Even the Chinese are buying from them because they want the high end steel. Stock is fairly cheap.
DON'T BUY
DON'T BUY
July 25, 2005
Has had a heck of a run, pretty well doublng over the last 24 months. One of the lowest cost producers of steel in the world. Well managed and very up to date on the technology for steel production. Starting to see some competition coming in. Watching closely with the possibility of lightening up his position.
Show full opinionHide full opinion
Posco (PKX-N)
July 25, 2005
Has had a heck of a run, pretty well doublng over the last 24 months. One of the lowest cost producers of steel in the world. Well managed and very up to date on the technology for steel production. Starting to see some competition coming in. Watching closely with the possibility of lightening up his position.
DON'T BUY
DON'T BUY
April 12, 2005
A steel company operating out of South Korea. One of the cheapest steel producers in the world. They are benefiting by all the infrastructure plays that are going on right now. The price has moved up very smartly so be a little cautious at these levels.
Show full opinionHide full opinion
Posco (PKX-N)
April 12, 2005
A steel company operating out of South Korea. One of the cheapest steel producers in the world. They are benefiting by all the infrastructure plays that are going on right now. The price has moved up very smartly so be a little cautious at these levels.
Showing 1 to 8 of 8 entries
  • «
  • 1
  • »

Posco(PKX-N) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Posco is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Posco(PKX-N) Frequently Asked Questions

What is Posco stock symbol?

Posco is a American stock, trading under the symbol PKX-N on the New York Stock Exchange (PKX). It is usually referred to as NYSE:PKX or PKX-N

Is Posco a buy or a sell?

In the last year, there was no coverage of Posco published on Stockchase.

Is Posco a good investment or a top pick?

Posco was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Posco.

Why is Posco stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Posco worth watching?

In the last year, there was no coverage of Posco published on Stockchase.

What is Posco stock price?

On 2020-07-09, Posco (PKX-N) stock closed at a price of $38.99.