Sunday, March 8, 2015

Top 10 Canadian Stocks To Invest In Right Now

Top 10 Canadian Stocks To Invest In Right Now: United States Steel Corporation(X)

United States Steel Corporation produces and sells steel mill products in North America and Central Europe. It operates in three segments: Flat-rolled Products (Flat-rolled), U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-rolled segment offers slabs, rounds, strip mill plates, sheets, and tin mill products, as well as iron ore and coke. This segment serves service center, conversion, transportation, construction, container, and appliance and electrical markets in North America. The USSE segment offers slabs, sheets, strip mill plates, tin mill products, and spiral welded pipes, as well as heating radiators and refractory ceramic materials. This segment serves the European construction, service center, conversion, container, transportation, and appliance and electrical, as well as and oil, gas, and petrochemical markets. The Tubular segment offers seamless and electric resistance welded steel casing and tubing; and standard, and line pipe and mechanical tubing. It primarily serves customers in the oil, gas, and petrochemical markets. The company also provides transportation services, including railroad and barge operations. In addition, it owns, develops, and manages various real estate assets, which include approximately 200,000 acres of surface rights primarily in Alabama, Illinois, Maryland, Michigan, Minnesota, and Pennsylvania; participates in joint ventures that are developing real estate projects in Alabama, Maryland, and Illinois; and owns approximately 4,000 acres of land in Ontario, Canada. The company was founded in 1901 and is headquartered in Pittsburgh, Pennsylvania.

Advisors' Opinion:
  • [By Alex Planes]

    The day's most notable gain was that of non-Dow stock Auburn Automobile, which skyrocketed 40% due to what would later be revealed as stock manipulation by Auburn owner Errett Cord (the company's tiny float made it highly susceptible to such m! eddling).. Many Dow components rose as well, with industrial bellwether U.S. Steel (NYSE: X  ) advancing despite reports that its unfilled orders had fallen further than expected. This drop was waved off by The New York Times, which blamed "seasonal tendencies" for the 150,000-ton order decline. Its strong performance in spite of the purportedly bad news helped drag many of its Dow peers along for the ride.

  • [By Monica Gerson]

    United States Steel (NYSE: X) dipped 2.22% to $22.90 after the company posted a Q3 loss of $1.79 billion.

    Posted-In: PreMarket LosersNews Movers & Shakers Pre-Market Outlook Markets

  • [By Sean Williams]

    Topping the list was steel products provider U.S. Steel (NYSE: X  ) , which jumped 8.3% after it and a consortium of domestic steel producers filed a petition against nine oil-producing countries for antidumping practices. U.S. Steel has struggled with sluggish global steel demand and weak pricing, so any type of subsidy or tariff advantage that foreign countries would have is certain to make life difficult for U.S. Steel. However, I would suggest keeping your distance, even after today's move as U.S. Steel boasts one of the most debt-heavy balance sheets of the group.

  • [By Alex Planes]

    The first Morgan megadeal actually took place in 1892, when he brought Thomas Edison's company together with several other leading electric ventures to form General Electric (NYSE: GE  ) . Morgan's greatest triumph came in 1901, when he formed U.S. Steel (NYSE: X  ) , the first billion-dollar company in American history. A year later, Morgan merged farm-implement pioneer McCormick with other agricultural equipment companies to create International Harvester, the predecessor of Navistar.All three of these companies held spots on the Dow Jones Industrial Average (DJINDICES: ^DJI  ) for decades at a time, which! -- when i! ncluding JPMorgan Chase itself -- makes J.P. Morgan the only businessman in American history directly responsible for the creation of four Dow components, past or present.

  • source from Top Stocks To Buy For 2015:http://www.topstocksforum.com/top-10-canadian-stocks-to-invest-in-right-now-2.html

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