United States Steel (X) Could Be Gold For The Patient

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Rupert Hargreaves
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Updated on

United States Steel Corporation (NYSE:X) is undoubtedly one of the more risky companies to invest in right now. However, the company does appear to be well-placed to ride a recovery, without too much downside financial risk. It will come as no surprise when I say that the market for steel within the U.S. is in the doldrums. Cheaper imports from South America and China, as well as the falling prices of raw materials are just some of the factors that have worked against domestic producers during the last five years. Moreover, United States Steel’s management has come out to say that…

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Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk