The Big Upgrade That Is Driving Steel Stocks
A few key U.S. steel players were trading higher after a top analyst at Macquarie upgraded the steel stocks to kick off the week. Overall, the firm cited improving steel demand, and another boost is...
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Why Many Steel Stocks May Avoid the US Steel Earnings Black Hole
United Steel Corp. (NYSE: X) has delivered a major interruption for its investors hoping to win off of more protection for U.S. steel makers and for needing steel for endless infrastructure projects....
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Why One Analyst Raised 4 Steel Giants to Buy
If there was one group of companies that can still benefit from the Trump administration’s policies without a congressional vote, steel makers would have to be on that list. Longbow Research believes...
View ArticleHow One Bolt-On Merger Can Help AK Steel Transform
AK Steel Holding Corp. (NYSE: AKS) has sold off just a bit after the steel giant recently announced that it will acquire Precision Partners for a total of $360 million in cash. The pullback might be...
View ArticleIs It Time to Start Buying Cliffs?
Cliffs Natural Resources Inc. (NYSE: CLF) always has offered a high leverage to U.S. steel prices, and over the past seven years this hasn’t been a positive for investors. However, one analyst seems to...
View ArticleWhy AK Steel Might Be Tuesday’s Best Earnings Report
AK Steel Holding Corp. (NYSE: AKS) released its second-quarter financial results before the markets opened on Tuesday. Out of all the stocks that reported Tuesday morning, it seems that AK Steel may be...
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Weak Dollar Remains Huge for Steel Stocks: 4 to Buy Now
Despite a small rally in the U.S. dollar recently, the DXY index, which is an index of the value of the United States dollar relative to a basket of foreign currencies, is still trading at the lowest...
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Why Merrill Lynch Is Growing Much More Bullish on US Steel Stocks
Rising input costs and a more bullish stance on China have created a bullish sentiment in steel stocks recently. One analyst considered these global trends and raised its price targets on U.S. steel...
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Massive China Production Cuts Are Huge for Steel Stocks: 5 to Buy for 2018
For years politicians and investors moaned about China’s overcapacity and dumping of steel into the U.S. and world markets, and for years they got away with it with impunity. With a new administration...
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Merrill Lynch Raises Price Targets on 6 Top Steel Stocks to Buy
Talk about a sector that has a lot going for it, the steel industry has probably among the best set of tailwinds for 2018, and investors should be thrilled. Combine a continued weak dollar, with...
View Article4 Steel and Mining Stocks to Buy That Should Benefit From US Infrastructure Plan
The U.S. steel industry has bounced back in a big way and the current administration’s tough stance on fair trade has had an impact. However, the biggest impact has come from China, where output has...
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US Steel and Aluminum Companies Enjoy a Big Trump Bump
If there is one thing that can create an instant unilateral gain in a sector, government protection can do just that. President Donald Trump has announced new tariffs on Thursday aimed at protecting...
View ArticleHeavy Metal: Where Tariffs on Steel and Aluminum Could Hurt the Most
When President Trump on Thursday told executives of U.S. steel and aluminum producers that the United States would impose tariffs on imports of those materials, the Dow Jones industrial average dropped...
View ArticleWhy the Downside of Tariffs May Not Kill the Upside for US Steel Giants
The U.S. broad markets saw a big turnaround on Monday after it came public that Speaker of the House Paul Ryan was urging President Trump to reconsider his plan to institute steel tariffs. There are...
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4 Steel Stocks to Buy as Demand and Tariffs Are Huge
Despite some of the scorn and shade thrown at the president when he suggested the potential for steel tariffs, he’s hardly the first president to call for or implement them. Despite the concerns of...
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Do 3 Fresh Analyst Upgrades for Century Aluminum Signal the All-Clear?
Century Aluminum Co. (NASDAQ: CENX) is one of the great American metals companies that should be set to win if steel and aluminum tariffs do not turn into an all-out trade war. There are of course...
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Jefferies Says Buy the Pullback in Steel Stocks Now
If anything will cool a sector’s momentum, it is stock prices hitting highs and then an unfortunate item like the potential for trade tariffs pops up. That is exactly the twin storms that hit the steel...
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Merrill Lynch Says New Trump Tariffs Huge for 5 Top Steel Stocks
It has become pretty clear, or at least it should be to nations around the world that are not committed to fair trade, if you don’t play ball with the Trump administration, there will be consequences....
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Why Goldman Sachs Is Pounding the Table for Investors to Buy Commodities for...
If there is one brokerage and investment banking firm whose views can influence investors’ decisions about issues large and small, Goldman Sachs likely fits that bill. After all, its focus is on the...
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Despite Trade Worries, Analyst Sees Steel Industry Earnings Surging: 5 Stocks...
It has probably been the most discussed economic and political story of 2018, and it is one that probably will stay front and center for some time. After years of huge trade imbalances with our trading...
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