voda schreef op 26 november 2019 16:38:
Verhip, niet op gelet! Thanks.
Deze al eerder geplaatst?
Assessing If ArcelorMittal Shares Are About To Break Out
Nov. 25, 2019 7:11 PM ET|1 comment | About: ArcelorMittal (MT)
Short-term double-bottom pattern could take us above the multi-year downtrending trend-line.
Valuation remains very attractive.
We need to close above the 200 DMA with conviction.
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As the long-term chart illustrates below, shares of ArcelorMittal (NYSE:MT) (steel manufacturing) have had a difficult time since they topped out in 2008. Despite the massive downturn, this stock though looks cheaper than it looks at present. With a current earnings multiple of 28.2 and a forward earnings multiple of 14.6, investors should look to the firm's other valuation metrics here to see the real value that may be trapped inside this company. With respect to stacking the odds in our favor as much as possible, the more we can get the various valuations metrics to line up, the better.
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