Guilfoyle: The case for Cleveland-Cliffs

Cleveland-Cliffs  (CLF) – Get Cleveland-Cliffs Inc Report, the flat-rolled steel producer, went through a rough month when shares fell 29% from August to September. Its future is now looking brighter as more growth is anticipated, argues Real Money’s Stephen “Sarge” Guilfoyle.

The company said on Oct. 11 it plans to buy Ferrous Processing and Trading, a large processor and distributor of ferrous scrap metal that focuses its operations in Ohio and Michigan. The acquisition’s…

Read More