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Stock impact report

Cleveland Cliffs Is A Buy [Seeking Alpha]

Cleveland-Cliffs Inc. (CLF) 
Last cleveland-cliffs inc. earnings: 2/20 07:00 am Check Earnings Report
Company Research Source: Seeking Alpha
Cleveland Cliffs Is A Buy Summary China is finally moving back to high-quality iron ore which is once again pushing up prices. The company's EPS expectations are conservative which could be a benefit as long as the Chinese and US economy are bottoming. Cleveland-Cliffs is trading at very 'cheap' levels with a high short float which could easily be leading to a short squeeze compared to 2016 if the bull case is right. It's a while ago since I wrote my last article CLF Source: Cleveland-Cliffs Macro Matters 2.0 Cleveland-Cliffs CEO Lourenco Goncalves has been one of the voices that called for the protection of the domestic steel market in the US. In my opinion, he is right as China has used unfair practices to dominate the international steel market. With that said, the trade war with China has become much more than a discussion about unfair steel trade with tariffs covering products worth hundreds of billions and still no clarity with regards to a possible solution. With regards to Cle Show less Read more
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