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Monday, November 30, 2009

Goldman upgrades steel sector, and raises US Steel to conviction buy


Two months ago Goldman said the sector was a sell. Now it's a buy, and US Steel is a conviction buy with a target of $54.

I think the whole world finally recognizes China's lies about steel. Or maybe, the stocks have just been beat down enough, that they can finally be touted by Goldman!

Meanwhile, steel gets touted, while the economy is touted as sub-par.

Settling Into Subpar Recovery Mode                                                                                                                                                       

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