Steel (integrated) industry
Article Abstract:
The major steel companies had higher earnings in the 1st qtr of 1995 and this will continue through 1996. Balance sheet deleveraging, increased productivity, and healthy industry basics will double earnings-per-share in 1995. Economic contraction in the US is the one risk for the steel industry in 1996. USX-U.S. Steel, Inland Steel, and Bethlehem Steel are good stocks for long-term investment positions.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1995
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Steel (integrated) industry
Article Abstract:
The steel industry is expected to grow during the 2nd half of 1995 and 1996 in spite of some weak areas. Operating rates, backlogs, and other basics remain strong and the steel industry is expected to perform slightly better than the market for the next 12 months. Stock prices for steel in 1995 are undervalued and will increase through 1998-2000. Among the better stocks are USX-U.S. Steel and Inland.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1995
User Contributions:
Comment about this article or add new information about this topic: