United States Steel

X-N

NYSE:X

7.36
0.65 (9.69%)
The United States Steel Corporation, more commonly known as U.S. Steel, is an American integrated steel producer with production operations in the United States, Canada, and Central Europe.
More at Wikipedia

Analysis and Opinions about X-N

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
October 8, 2019
Steel has been hit hard the past month with a poor outlook. He prefers Stelco in this space. Stelco is well-run, not American and trading at a low valuation. Stelco is in great shape since emerging from bankruptcy.
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Steel has been hit hard the past month with a poor outlook. He prefers Stelco in this space. Stelco is well-run, not American and trading at a low valuation. Stelco is in great shape since emerging from bankruptcy.
DON'T BUY
DON'T BUY
September 3, 2019
Be careful in this space with concerns of a global recession and oversupply (Chinese demand is weakening). Long-term this isn't bad, but we are heading into a downturn.
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United States Steel (X-N)
September 3, 2019
Be careful in this space with concerns of a global recession and oversupply (Chinese demand is weakening). Long-term this isn't bad, but we are heading into a downturn.
WEAK BUY
WEAK BUY
May 29, 2019
It's fallen because lots of people believe in the inverted yield curve theory about the recession. Steel companies are cyclical. If you think there's still room in the cycle, which he does, the valuations are starting to look attractive. A trade deal would make stocks like this pop.
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It's fallen because lots of people believe in the inverted yield curve theory about the recession. Steel companies are cyclical. If you think there's still room in the cycle, which he does, the valuations are starting to look attractive. A trade deal would make stocks like this pop.
DON'T BUY
DON'T BUY
December 31, 2018
The problem with steel right now is global over supply. He is short the SLX-N, a US steel ETF. This industry is cyclical and we have seen the cyclical peak. The US$ might roll over and that would help
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United States Steel (X-N)
December 31, 2018
The problem with steel right now is global over supply. He is short the SLX-N, a US steel ETF. This industry is cyclical and we have seen the cyclical peak. The US$ might roll over and that would help
SELL
SELL
September 11, 2018

He has no idea to assess Trump and his macro plans. It's a political nightmare. Sell. A tariff would lift US steel stocks, but demand for US products will also drop. Be prudent and let this stock go.

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United States Steel (X-N)
September 11, 2018

He has no idea to assess Trump and his macro plans. It's a political nightmare. Sell. A tariff would lift US steel stocks, but demand for US products will also drop. Be prudent and let this stock go.

BUY
BUY
April 18, 2018

CEO optimism has been rising in the U.S. The steel sector and this stock are doing well. In fact, this is one of the leading sectors in America. Certainly take a look at this.

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CEO optimism has been rising in the U.S. The steel sector and this stock are doing well. In fact, this is one of the leading sectors in America. Certainly take a look at this.

COMMENT
COMMENT
June 13, 2017

This is very whippy, and he wouldn’t want you to be overly focused and concentrated in such an idiosyncratic name. Steel names are not his favourite. The chart indicates it has been very challenged. Fundamentally, they have had some earnings misses and are more often missing then they are hitting. There are much greener pastures elsewhere.

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This is very whippy, and he wouldn’t want you to be overly focused and concentrated in such an idiosyncratic name. Steel names are not his favourite. The chart indicates it has been very challenged. Fundamentally, they have had some earnings misses and are more often missing then they are hitting. There are much greener pastures elsewhere.

COMMENT
COMMENT
May 17, 2017

Following the gap a number of weeks ago, this continued to decline, which is not what you want to see. The chart has shown a head and shoulders pattern. This is the type of thing that he tries to avoid.

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Following the gap a number of weeks ago, this continued to decline, which is not what you want to see. The chart has shown a head and shoulders pattern. This is the type of thing that he tries to avoid.

DON'T BUY
DON'T BUY
March 13, 2017

Trump has said they will be using US steel for future pipeline projects. Don’t use political comments as your only criteria. You may have missed the pop on this. ROC is actually negative now. Even putting in improvement to a normalized level, or even an above average level, he doesn’t think the price of the stock can be justified.

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Trump has said they will be using US steel for future pipeline projects. Don’t use political comments as your only criteria. You may have missed the pop on this. ROC is actually negative now. Even putting in improvement to a normalized level, or even an above average level, he doesn’t think the price of the stock can be justified.

COMMENT
COMMENT
November 23, 2016

There is very limited upside to US Steel selling prices before imports can come in. In order to call for higher levels, one has to assume that there will be draconian trade barriers put in place, which is possible. There are other steel stocks to choose from. The only argument that would make this company the preferable trade, is if the oil country tubular goods market does much better than other end uses. This company, unlike other producers, has a significant exposure to oil country tubular goods. He thinks the market is pricing in some combination of protectionist measures, and possibly some incentives for domestic oil production. As a value investor, a lot of things have to go right before he invests in this.

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United States Steel (X-N)
November 23, 2016

There is very limited upside to US Steel selling prices before imports can come in. In order to call for higher levels, one has to assume that there will be draconian trade barriers put in place, which is possible. There are other steel stocks to choose from. The only argument that would make this company the preferable trade, is if the oil country tubular goods market does much better than other end uses. This company, unlike other producers, has a significant exposure to oil country tubular goods. He thinks the market is pricing in some combination of protectionist measures, and possibly some incentives for domestic oil production. As a value investor, a lot of things have to go right before he invests in this.

TOP PICK
TOP PICK
October 24, 2016

The US steel market has been glutted for years. Then the US government enacted anti-dumping legislation for the US. When you look at steel, it is an infrastructure investment in a protected environment. This is a strong company and there is plenty of upside in steel.

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United States Steel (X-N)
October 24, 2016

The US steel market has been glutted for years. Then the US government enacted anti-dumping legislation for the US. When you look at steel, it is an infrastructure investment in a protected environment. This is a strong company and there is plenty of upside in steel.

SELL
SELL
September 23, 2016

This has had a really great recovery off the bottom, but the steel cycle is very challenged. Every significant country wants the steel industry. It is part of independence. There is too much steel capacity out there, and you are really at the mercy of imports.

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United States Steel (X-N)
September 23, 2016

This has had a really great recovery off the bottom, but the steel cycle is very challenged. Every significant country wants the steel industry. It is part of independence. There is too much steel capacity out there, and you are really at the mercy of imports.

COMMENT
COMMENT
July 19, 2016

(Market Call Minute.) Steels have had a good run recently. If you believe the economy is getting better, you can participate in this group. Higher BETA, higher risk. Keep a tight Stop.

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(Market Call Minute.) Steels have had a good run recently. If you believe the economy is getting better, you can participate in this group. Higher BETA, higher risk. Keep a tight Stop.

COMMENT
COMMENT
March 23, 2016

Not a big bull on commodities in general. China has a significant amount of excess capacity in steel. Steel is an industry that is facing some difficulties. The only positive for this company is the price of iron ore, which has been very, very weak.

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Not a big bull on commodities in general. China has a significant amount of excess capacity in steel. Steel is an industry that is facing some difficulties. The only positive for this company is the price of iron ore, which has been very, very weak.

DON'T BUY
DON'T BUY
January 12, 2016

He would avoid steel stocks, and the steel sector in general. For the most part, companies are losing money. China has been the huge user of steel, and Chinese growth is decelerating. So is growth in India, Brazil, etc. There will be some bankruptcies in the sector over time.

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United States Steel (X-N)
January 12, 2016

He would avoid steel stocks, and the steel sector in general. For the most part, companies are losing money. China has been the huge user of steel, and Chinese growth is decelerating. So is growth in India, Brazil, etc. There will be some bankruptcies in the sector over time.

Showing 1 to 15 of 64 entries

United States Steel(X-N) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 2

Stockchase rating for United States Steel 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.

United States Steel(X-N) Frequently Asked Questions

What is United States Steel stock symbol?

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

Is United States Steel a buy or a sell?

In the last year, 2 stock analysts published opinions about X-N. 0 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is DON'T BUY. Read the latest stock experts' ratings for United States Steel.

Is United States Steel a good investment or a top pick?

United States Steel was recommended as a Top Pick by Jamie Murray on 2019-10-08. Read the latest stock experts ratings for United States Steel.

Why is United States Steel 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 United States Steel worth watching?

In the last year, there was no coverage of United States Steel published on Stockchase.

What is United States Steel stock price?

On 2020-07-10, United States Steel (X-N) stock closed at a price of $7.36.