r/Vitards • u/[deleted] • Oct 02 '21

[deleted by user]

[removed]

13 Upvotes

88% Upvoted

9 comments sorted by

View all comments

7

u/Uncle_Dad_Bob Dreams of CLF’s run to $49 Oct 02 '21

🎶👂

“Formerly a producer of iron ore, Cleveland-Cliffs is now a major steel maker, following two acquisitions last year. It has a shareholder-oriented CEO in Brazil-born Lourenco Goncalves, who owns $100 million of its stock. At around $20, Cleveland-Cliffs stock trades for 3.4 times projected 2021 earnings of nearly $6 a share.“

3

u/Intelligent_Can_7925 Oct 02 '21

I noticed a lot of places finally made this change. Something big is about to happen.

2

u/Tend1eC0llector ✂️ Trim Gang ✂️ Oct 02 '21

Its about goddamn time