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home / news releases / X - ArcelorMittal: Learning From Past Mistakes

X - ArcelorMittal: Learning From Past Mistakes

United States Steel Corporation
  • ArcelorMittal has strongly benefited from the latest commodities boom.
  • 2021 EBITDA is expected to come in at $19 billion which helped significantly reduce its leverage.
  • Management recently launched its fifth share buyback program.
  • Long-term credit rating was also recently upgraded by Moody's to investment grade.
  • I am very bullish on ArcelorMittal with a target price of $50/share.

For further details see:

ArcelorMittal: Learning From Past Mistakes
Stock Information
Company Name: United States Steel Corporation
Stock Symbol: X
Market: NYSE
Website: ussteel.com
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