This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

10 Best-Performing Mining Stocks in 2010

9. Cliffs Natural Resources (CLF - Get Report) , a stock selling at deep discounts and listed among the top 10 mining stocks with upside and with a high-beta value, is the largest producer of iron ore pellets in North America.

For the current quarter, Cliffs is anticipated to report earnings of $2.25 per share, in comparison with the 82 cents per share reported in the year-earlier period. For the full-year, Cliffs' earnings are estimated at $6.92 per share for 2010 and $9.24 per share for 2011, a remarkable growth from $1.63 per share reported for 2009. Of the 12 analysts covering the stock, nine recommend buying and three suggest holding.

Despite a 68% gain from its recent lows on July 6, the stock is trading at an attractive forward PE multiple of 10.9. Year-to-date, the stock gained around 62%, ahead of steel producers such as Mechel's (MTL) 49%, Worthington's (SCHN) 35%, Schnitzer Steel's (SCHN) 30%, and Ternium's (TX) 10% gains.

Leading integrated steel producer U.S. Steel (X) gained 1.1% year-to-date, while non-integrated steel maker A.K. Steel (AKS) plunged 33%. Among others, ArcelorMittal (MT), Nucor (NUE), Steel Dynamics (STLD) and Posco (PKX) declined around 19%, 7%, 4% and 22%, respectively.
3 of 11

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
XME $14.85 -1.10%
CLF $1.86 1.40%
SLW $14.87 5.30%
TCK $4.46 3.70%
AAPL $94.19 0.18%


Chart of I:DJI
DOW 15,878.17 -326.80 -2.02%
S&P 500 1,844.58 -35.47 -1.89%
NASDAQ 4,264.5230 -98.6210 -2.26%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs