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
See Cramer's multi-million dollar portfolio for FREE and get his new book Get Rich Carefully! Learn More
EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stock Under $10 that he thinks could potentially double or triple in the next 6 to 12-months. See what he's trading today with a 14-day FREE pass.

POSCO (PKX): Today's Featured Metals & Mining Loser

POSCO (PKX) pushed the Metals & Mining industry lower today making it today's featured Metals & Mining loser. The industry as a whole closed the day down 2%. By the end of trading, POSCO fell $2.25 (-2.8%) to $79.04 on average volume. Throughout the day, 358,741 shares of POSCO exchanged hands as compared to its average daily volume of 256,500 shares. The stock ranged in price between $79.04-$80.40 after having opened the day at $79.97 as compared to the previous trading day's close of $81.29. Other company's within the Metals & Mining industry that declined today were: Anooraq Resources Corporation (ANO), down 23.8%, Great Basin Gold (GBG), down 12.5%, Augusta Resource Corporation (AZC), down 11.8%, and Avino Silver & Gold Mines (ASM), down 11%.

POSCO engages in the manufacture and sale of steel products in Korea and internationally. POSCO has a market cap of $25.36 billion and is part of the basic materials sector. The company has a P/E ratio of 6.6, below the average metals & mining industry P/E ratio of eight and below the S&P 500 P/E ratio of 17.7. Shares are down 1% year to date as of the close of trading on Tuesday. Currently there is one analyst that rates POSCO a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates POSCO as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, notable return on equity and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and a generally disappointing performance in the stock itself.

On the positive front, Timberline Resources Corporation (TLR), up 16.9%, Kimber Resources (KBX), up 6.3%, Synalloy Corporation (SYNL), up 5.7%, and Jaguar Mining (JAG), up 5.5%, were all gainers within the metals & mining industry with Anglogold Ashanti (AU) being today's featured metals & mining industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the metals & mining industry could consider SPDR S&P Metals & Mining ETF (XME) while those bearish on the metals & mining industry could consider PowerShares DB Base Metals Sht ETN (BOS).

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

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

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
DOW 16,262.56 +89.32 0.55%
S&P 500 1,842.98 +12.37 0.68%
NASDAQ 4,034.1610 +11.4670 0.29%

Brokerage Partners

Top Rated Stocks Top Rated Funds Top Rated ETFs