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United States Steel Corp(X-N)

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HUGE Acquisition in This $1.6 Trillion Market: Time to Buy?

Motley Fool - Fri Dec 22, 2023

In this video, Motley Fool contributors Jason Hall and Tyler Crowe break down Japanese giant Nippon Steel's massive acquisition of U.S. Steel (NYSE: X) for a huge premium. Should investors follow the giant into other steel producers like Nucor (NYSE: NUE), Cleveland-Cliffs (NYSE: CLF), Steel Dynamics (NASDAQ: STLD), or Ternium (NYSE: TX)?

*Stock prices used were from the morning of Dec. 20, 2023. The video was published on Dec. 21, 2023.

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Jason Hall has positions in Steel Dynamics. Tyler Crowe has positions in Cleveland-Cliffs, Nucor, and Ternium. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Jason Hall is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Paid Post: Content produced by Motley Fool. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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