Cleveland-Cliffs Stock: Stay Away To Avoid 25% Value Erosion
- Thursday, October 29, 2020, 7:43
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After rising more than 160% from its March lows of this year, at the current price of over $8 per share, we believe Cleveland-Cliffs stock is overvalued. The iron ore and pellet giant’s stock has rallied from $3 to over $8 off its recent bottom compared to the S&P 500 which increased almost 52%…
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