U.S. Steel: Poised to race ahead during the global economic expansion - Joseph Lazzaro

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U.S. Steel: Poised to race ahead during the global economic expansion
Nov 02, 2009 06:40 PM UTC

Joseph Lazzaro

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Via BloggingStocks:

Filed under: U.S. Steel (X), Stocks to Buy

Not-for-squeamish U.S. Steel (NYSE: X) is rising on schedule, despite a recent pull-back, which is why I'm reiterating my Buy rating for the company, first recommended on April 15, 2009, at a price of $27.61. If you bought X in April, you're up about 28%.

The rationale for owning X's shares remains the same. U.S. Steel will likely be a survivor in the consolidating global steel sector with sufficient scale to either produce raw materials and acquire raw material assets.

Continue reading U.S. Steel: Poised to race ahead during the global economic expansion

U.S. Steel: Poised to race ahead during the global economic expansion originally appeared on BloggingStocks on Mon, 02 Nov 2009 13:40:00 EST. Please see our terms for use of feeds.

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