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STLD - Cleveland-Cliffs: Still Undervalued Under-Owned And Unloved
Steel Dynamics Inc.
Cleveland-Cliffs' stock price has performed very well over the past year.
Cleveland-Cliffs' underlying business has performed even better, and the forthcoming free cash flows are transforming the balance sheet.
The end result is that shares are still undervalued today, with envious upside potential, especially compared on a relative basis to the prospective broader market equity returns.