Buy Cleveland-Cliffs Stock, Not U.S. Steel, J.P. Morgan Says. Here's Why.
J.P. Morgan reinstated ratings on U.S. Steel and Cleveland-Cliffs stock. Cliffs is a Buy. U.S. Steel is a Hold, according to the firm.
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J.P. Morgan reinstated ratings on U.S. Steel and Cleveland-Cliffs stock. Cliffs is a Buy. U.S. Steel is a Hold, according to the firm.
Ron A. Bloom scooped up $506,100 of shares of Cleveland-Cliffs less than a month after joining the steel maker’s board.
Cleveland-Cliffs posted in-line earnings and solid guidance. The stock is up, thanks to the steel maker’s growing focus on ”aggressive share buybacks.”
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