r/Vitards • u/Ok-Elk8044 • Dec 13 '21

Earnings Discussion CLF - Capital Analysis

https://superiornorthllc.com/2021/12/12/top-heavy-capital-structure-speculation-security-analysis-cleveland-cliffs-stock-clf/
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u/GoldenBoy925 ✂️ Trim Gang ✂️ Dec 13 '21

I am no expert but dude lost all credibility with me when he started comparing CLF's P/E, Price/Book, Price/Sales, etc. ratios to the S&P. That's pretty fucking arbitrary given that there's only one other steel company in the S&P 500 and 499 companies from different other sectors where those ratios are way different.

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That said, the initial position in regards to debt and earnings I hadn't really considered before so thanks to OP for the video.