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Strategies & Market Trends : Value Investing
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To: Madharry who wrote (69572)1/22/2022 12:35:42 PM
From: Paul Senior  Read Replies (1) of 78476
 
I like CLF at current price, and I added to my few shares Thur. and Fri.

Iron ore mining plus steel making and now a scrap steel business. May be good if infrastructure improvement takes off and/or if vehicle production increases.

Low. p/e (Which is guess is expected from a steel company.) Yahoo shows forward p/e under 4x. That would be pretty low. Stock now lower than what insiders were buying at in November.
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