2023-10-24 05:02:00 ET
Shares of steelmaker U.S. Steel (NYSE: X) have surged in 2023 on word that the board is exploring a potential sale, and a reported bid from Cleveland-Cliffs (NYSE: CLF) worth over $7.1 billion. In this video, Motley Fool contributors Jason Hall and Tyler Crowe discuss whether it's a buy now, as well as alternative stocks to consider, including Nucor (NYSE: NUE) , Cliffs, and Steel Dynamics (NASDAQ: STLD) .
*Stock prices used were from the morning of Oct. 18, 2023. The video was published on Oct. 24, 2023.
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U.S. Steel Stock Up 40% on Possible Acquisition: Is the Stock a Buy?