New Strong Sell Stocks for November 16th
CLF, ETNB and HZO have been added to the Zacks Rank #5 (Strong Sell) List on November 16, 2024.
Cleveland-Cliffs (CLF) Registers a Bigger Fall Than the Market: Important Facts to Note
Cleveland-Cliffs (CLF) closed at $12.22 in the latest trading session, marking a -0.49% move from the prior day.
Trump, Tariffs, And Turnarounds: Why Cleveland-Cliffs Is A Top Pick For 2025
Cleveland-Cliffs faces 2024 headwinds from a challenging manufacturing environment, pricing pressures, and weaker automotive demand, but strategic moves position it well for future growth. The Stelco acquisition enhances CLF's supply chain, cuts costs, and boosts its product portfolio, making it a stronger player in North American steel production. Potential tariff and domestic manufacturing support from the Trump administration could provide significant tailwinds, with a 2025 manufacturing rebound expected to drive earnings growth.
Cleveland-Cliffs Inc. (CLF) Is a Trending Stock: Facts to Know Before Betting on It
Recently, Zacks.com users have been paying close attention to Cleveland-Cliffs (CLF). This makes it worthwhile to examine what the stock has in store.
Cleveland-Cliffs (CLF) Up 11.1% Since Last Earnings Report: Can It Continue?
Cleveland-Cliffs (CLF) reported earnings 30 days ago. What's next for the stock?
Top 3 US steel stocks that will benefit from Trump 2.0
Goldman Sachs analyst Mike Harris expects the US steel industry to flourish under Donald Trump as the President of the United States. Lower interest rates and steady demand will benefit the domestic steel industry next year, he told clients in a research note today.
Cleveland-Cliffs initiated with a Buy at Goldman Sachs
Goldman Sachs initiated coverage of Cleveland-Cliffs with a Buy rating and $16 price target. The prevailing sentiment towards the U.S. steel industry seems pessimistic given concerns on global over supply and weak but improving pricing, the analyst tells investors in a research note. The firm is more positive given its belief that both cyclical and structural factors could drive earnings growth for the domestic steel industry despite a weaker global backdrop. Goldman believes the U.S. steel industry and the stocks are near or at the trough of the current cycle.
Investors Heavily Search Cleveland-Cliffs Inc. (CLF): Here is What You Need to Know
Recently, Zacks.com users have been paying close attention to Cleveland-Cliffs (CLF). This makes it worthwhile to examine what the stock has in store.
Here is What to Know Beyond Why Cleveland-Cliffs Inc. (CLF) is a Trending Stock
Zacks.com users have recently been watching Cleveland-Cliffs (CLF) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Cleveland-Cliffs' Q3 Earnings and Revenues Miss Estimates
Lower average net selling price and reduced sales volumes for steel products weigh on CLF's Q3 performance.
Cleveland-Cliffs Falls On Q3 Earnings - A Gift For Long-Term Buyers
Cleveland-Cliffs Inc. remains a "Buy" despite recent declines, driven by long-term growth potential, strategic focus, and attractive valuation. The company's Q3 2024 performance was weak due to automotive industry struggles, but the Stelco acquisition is expected to enhance EBITDA margins and operational flexibility. Management's conservative capital spending and cost-saving initiatives position CLF well for future growth, with a focus on debt reduction and strategic investments.
Cleveland-Cliffs (CLF) Reports Q3 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for Cleveland-Cliffs (CLF) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
