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.