A Strong Buy ACCORDING to Zacks
I don't get it. Also, X and AKS keep going up and MT is struggling. I know Europe, but MT is all over the world.
Might be some profit taking in the new tax year and Europe's markets were down. Why sell at the end of 2013 for a gain when you can sell it in the new tax year(2014) and get to use the profits for a year until you have to pay taxes to the IRS.
U.S Steel received an upgrade this morning and has been in a stronger uptrend than MT, couple that with the markets down in Europe and everywhere else. MT needs a breather anyway...