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/biz/ - Business & Finance

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26321352 No.26321352 [Reply] [Original]

>29k
>buy the dip
>28k
>buy the dip
>27k
>buy the dip
>26k
>buy the dip
>25k
>buy the dip
>24k
>buy the dip

>> No.26321437

>F is mooning
>GM is mooning
>TSLA idiots are chasing American auto manufacturers now
>CLF supplies atleast 50% of steel to American Automanufacturers
>Biggest steel company in North America now
>Pro-forma two M&A new companies revenue sitting at 17b
>Forward estimate earnings of $3.25 for 2021
>$32.50 is a PE ratio of 10
>CLF currently sitting at forward PE ratio of 5 in $16s
>Steel Industry standard PE ratio is 17
>$CLF SITTING AT FUCKING 5
>3 Trillion Tax and Infrastructure plan in the works with Biden Administration
>Can pop to $50 with said plan
>Is a double just based on earnings and PE ratio fundamentals at EoY
>Gary Gensler chair of SEC was head of commodity futures trading under Obama 2009-2014
>CLF went to $120 during this period
>Is a transformed company now also having the only electrical steel plant in the company

This is a no brainer hold

$CLF you faggots