Cleveland-Cliffs Stock: Bargain Buy of the Year!

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CLEVELAND-CLIFFS ($NYSE:CLF): Cleveland-Cliffs Inc. (NYSE: CLF) is a leading supplier of iron ore pellets to the North American steel industry. The company is the largest producer of iron ore pellets in the United States and Canada, and it also owns and operates coal and coke operations in the country. In recent years, Cleveland-Cliffs has become a major player in the mining industry, with operations across the United States and Canada. Cleveland-Cliffs Stock has been an excellent value in recent years and is still a bargain buy for investors. The company’s stock price has been volatile, but still offers significant potential for growth.

The company’s strong financial performance, diversified portfolio, and strong competitive position make it an attractive investment for any investor looking for a bargain buy of the year. Cleveland-Cliffs has a strong balance sheet with ample liquidity, and the company’s dividends have been steadily increasing over the past several years. The company also has significant potential for growth in its metallurgical coal and iron ore businesses. With strong management, a strong financial position, and strong competitive advantages, Cleveland-Cliffs stock is an excellent value for any investor looking for a bargain buy.

Market Price

CLEVELAND-CLIFFS INC stock was a bargain buy on Tuesday, opening at $20.8 and closing at $20.9, representing a 0.6% increase from the last closing price of 20.7. This small but significant increase in stock price makes CLEVELAND-CLIFFS INC a bargain buy of the year! Investors should take advantage of this opportunity and consider investing in this stock at its current price. With positive momentum and high potential for growth, CLEVELAND-CLIFFS INC is certainly a stock to watch out for in the upcoming year. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Cleveland-cliffs Inc. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Cleveland-cliffs Inc. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Cleveland-cliffs Inc. More…

Key Ratios Snapshot

Some of the financial key ratios for Cleveland-cliffs Inc are shown below. More…

Analysis

At GoodWhale, we provide investors with a comprehensive financial analysis of CLEVELAND-CLIFFS INC. Our star chart reveals that the company is strong in asset management, medium in growth potential, profitability, and weak in dividend potential. Based on this information, we classify CLEVELAND-CLIFFS INC as a ‘rhino’ company, meaning it has achieved moderate revenue or earnings growth. Investors interested in this type of company should consider its intermediate health score of 6/10. This score indicates that CLEVELAND-CLIFFS INC has a suitable cash flow and debt balance which should enable it to weather any crisis without the risk of bankruptcy. More…

Peers

Cleveland-Cliffs Inc is one of the largest steel producers in the United States. The company’s main competitors are Nucor Corp, Steel Dynamics Inc, and United States Steel Corp. All four companies are large steel producers with a significant presence in the United States market.

– Nucor Corp ($NYSE:NUE)

Nucor Corporation is an American steel producer. Nucor is the largest steel producer in the United States. The company is the largest producer of steel reinforcement bars and steel joists in North America, and is the largest “minimill” steelmaker (that is, it uses electric arc furnaces to melt scrap steel as opposed to blast furnaces to melt iron). Nucor is also North America’s largest recycler of ferrous metals.

– Steel Dynamics Inc ($NASDAQ:STLD)

With a market cap of over $17 billion, Steel Dynamics is one of the largest steel producers in the United States. The company has a long history dating back to 1993, and it is headquartered in Fort Wayne, Indiana. Steel Dynamics produces a variety of steel products including hot rolled, cold rolled, and galvanized steel, as well as a variety of steel products for the automotive, construction, and appliance industries. The company has a strong focus on quality and customer satisfaction, and it has been recognized as one of the world’s most ethical companies. Steel Dynamics has a return on equity of 50.1%, which is significantly higher than the average for the steel industry. The company’s strong financial performance is due in part to its efficient operations and its commitment to shareholder value.

– United States Steel Corp ($NYSE:X)

United States Steel Corporation is an American integrated steel producer with major production operations in the United States, Canada, and Central Europe. The company’s global presence also extends to Mexico and the Caribbean. U. S. Steel is the largest domestic steel producer and the largest of the so-called mini-mill operators.

Summary

Cleveland-Cliffs Inc. is a leading mining and natural resources company with a strong presence in the iron ore and metallurgical coal markets. The company’s stock has been trading at a discounted price recently, making it a particularly attractive investment for those interested in taking advantage of the current market conditions. Investors should note that the company has a strong balance sheet, solid cash flow from operations, and an experienced management team in place.

Additionally, Cleveland-Cliffs has been active in expanding into new markets, which could further strengthen the company’s financial performance. Overall, investors looking to capitalize on the current market conditions should strongly consider Cleveland-Cliffs Inc. as a potential opportunity.