3. Mechel ( MTL) operates in four segments: mining, steel, ferroalloys and power. Its mining segment produces coking and steam coal, as well as iron ore and iron ore concentrate. Its steel segment produces and sells semi-finished steel products, carbon and specialty long products. Mechel's ferroalloys segment produces and sells low-ferrous ferronickel, ferrochrome and ferrosilicon. Its power segment produces and sells electricity to internal and external customers. The stock has gained 2.5% during the last one week. For the year ended Dec. 2010, revenue surged 69.4% to $9.7 billion from $5.7 billion in the previous year, attributable to higher sales prices and volumes across all its segments and improved sales volumes of products the company purchased on the market and re-sold to related metallurgical plants. Subsequently, net income soared to $657.2 million from $73.7 million during 2009. The company recently announced dividends of approximately 32 cents per ordinary share and 95 cents per preferred share. Effectively, the company will be paying approximately $262.9 million in dividends for 2010, up from $29.5 million a year ago. Of the 24 analysts covering the stock, 88% recommend a buy and the remaining rate a hold. There are no sell ratings on the stock. On average, analysts estimate 31% upside to $35.51 in value from current levels.