Play European Steel While It's a Steal
Some stocks are so cheap that if they don't go bust; you are almost certain to do well. Luxembourg-based ArcelorMittal (MT) appears to fall into that category right now.
MT shares are near five-year lows and now yield 4.67%. The company is profitable. Debt looks manageble. Steel is a cyclical business and Europe is in the midst of a bad cycle. That is why you can now buy MT for a fraction of its normal price range....324 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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