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Cliffs Natural Resources Inc. Message Board

  • richardelarson47 richardelarson47 May 7, 2011 12:13 PM Flag

    CLF vs AAPL

    We all know that Apple has been the perfect stock over the past two years, can't do anything wrong, all of that. The bet that's been winning me beers is: Which has done better, one and two years? CLF or Apple? My belly is swelling from the winnings. Look at the charts and the valuations. I would argue that CLF makes a more "needable" product, is much cheaper, by all valuations. Certainly, CLF is more economically sensitive but can the world do without steel, say, instead of a new and improved Ipad or Iphone? CLF should be acquired (projecting $12-$15 eps next year) based on p.e., peg, dominance in it's industry and cheap market cap. This is a $150 stock in year or two, given the tumblers in the economy fall into place. FCX or VALE or AM or BHP should jump all over this one. And I am at these prices for a two year hold, buying more on weakness. Management has delivered, looking at the charts.

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