Markets

What's the Deal with Steel?

Is steel a steal? If prices for the metal really are at a near-term bottom, then now might be a good time to consider adding some cold, hard steel to your portfolio. Longbow Research showed an interest in the sector on Wednesday and initiated coverage on four names in the steel space and upgraded another.

If you're into that sort of thing, there are plenty of articles that will take you through the fundamentals. Basically, if you're looking for companies with a lot of debt, less than impressive margins and P/E's so high that you scratch your head and ask why, you're in the right place.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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