Awhile back I posted to hype US Steel. Since then it's up about 30% but due to no wisdom in my analysis. It became the target of acquisition interest.
Today here are the pros and cons afaik:
Pros: acquisition interest around $35 per share. Still a very profitable business with infrastructure spending and a military buildup incoming. The potential opening of the “X” ticker has Elon Musk's full attention increasing the hijinks probability.
Cons: cyclical industry sensitive to recessions. Complications in acquisitions due to the union and antitrust regulators. Improvement in quality of Chinese steel or lowering of tariffs (unlikely).
Anyway I think it's a better bet today than when I first touted it. What thinks r/stocks?
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