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Titans of steel: The 'Iron Five'

 Jun 18, 2008 05:00 AM UTC
Symbol Sentiment Start Return Closed
PKX Positive 06/18/08 -58.50% --
MT Positive 06/18/08 -78.97% --
MTL Positive 06/18/08 -90.34% --
GGB Positive 06/18/08 -79.10% --
NUE Positive 06/18/08 -55.74% --

Graphic_arrow1 Via TheStockAdvisor:  

 "Global steel producers are thriving, and their stocks are hitting new highs," note Yiannis Mostrous and Roger Conrad, who add, "But the best is yet to come."

In the industry-leading Personal Finance, the two advisors explain, "We’re still in the early stage of a truly global bull market cycle for steel, and the companies best positioned to take advantage are headed a lot higher." Here, they look at their "Iron Five."

"As is the case with other building blocks of economic growth, steel is enjoying explosive demand from the developing world. And with the world expanding as never before, steel companies are literally selling as fast as they can produce.

"In the August 2007, we highlighted five first-rate global steel producers. Since then, they’ve returned an average of 67.4%, versus a decline of 3.7% for the S&P 500.

"The Iron Five are five picks that we believe are rip

...




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