This Day On The Street
Continue to site right-arrow
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
TheStreet Open House

10 Steel Stocks With Upside

Stocks in this article: CRS ATI NUE USAP X STLD MUSA

6. U.S. Steel (X - Get Report), an integrated steel producer, operating in North America and Europe. The company manufactures a wide variety of flat-rolled and tubular products. It operates in three major segments: flat-rolled products, U. S. Steel Europe and tubular products. The company's other businesses include transportation and real estate services.

For the first quarter of 2011, the company's net sales grew 24.8% to $4.9 billion from the year-ago quarter. Net loss narrowed to $86 million or 60 cents per share, compared to $157 million or $1.10 per share in the first quarter of 2010. Raw steel capacity utilization in 2011 first quarter stood at 77%, up 5% sequentially.

The company's Serbian unit recently launched a new roll servicing facility worth more than $5 million at its cold rolling mill in Smederevo. For the first quarter of 2011, U.S. Steel declared a dividend of 5 cents per share payable June 10, 2011. Heading into the second quarter, the company expects to record an overall operating profit, benefiting from higher price realization in the flat-rolled segment.

Of the 13 analysts covering the stock, 46% recommend a buy while 46% rate a hold. Data from Bloomberg has analysts reporting an average 12-month price target of $57.57, or 31% higher than the stock's current price.

6 of 11

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link 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

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, 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
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,164.95 -251.90 -1.45%
S&P 500 1,994.99 -26.26 -1.30%
NASDAQ 4,635.24 -48.1670 -1.03%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs