United States Steel (X) Could Be Gold For The Patient - Hedge Fund Alpha (formerly ValueWalk Premium)

United States Steel (X) Could Be Gold For The Patient

United States Steel Corporation (NYSE:X) is undoubtedly one of the more risky companies to invest in right now. However, the company does appear to be well-placed to ride a recovery, without too much downside financial risk. It will come as no surprise when I say that the market for steel within the U.S. is in the doldrums. Cheaper imports from South America and China, as well as the falling prices of raw materials are just some of the factors that have worked against domestic producers during the last five years. Moreover, United States Steel’s management has come out to say that...

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