Cramer's Steel Plays

Posted by: Guest

Updated:
04.25.07
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"We are witnessing a miraculous re-valuation of the steel stocks, one that is, quite frankly, breathtaking in its breadth. The reasoning is threefold:

1) takeovers, which continue unabated globally;
2) demand from China, which seems almost endless, the way it was for this nation in the early 1900s; and
3) low valuations.

He likes 3 "really cheap" steel stocks.

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