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S&P 500: 1,340.35 Change: -0.84%
Joewallstreet
P&P Score: 89.75 | Points: 10.36 | Accuracy: 50.00 | Average Pick Score: -3.70   Annual Return: N/A  
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BUY: ARCELOR MITTAL NEW (MT) Rating: 2
Start Price: $24.18
Points: -48.86
Created: 10/21/2008
Arcelor Mittal is the largest producer of steel products on the planet. Its stock crashed amid weakened global demand and is currently nicely priced under $30. Expect a turnaround in 2-4 years at a price of $65.00 minimum. Enjoy the ca. 5% dividend in the meantime.

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