© Reuters. ArcelorMittal: Tremendous ‘Growth at a Reasonable Price’ Opportunity
ArcelorMittal (NYSE:) is not just an attractive value investment. I believe that growth investors should also take a look at this stock, based on its recent earnings reports and the post-pandemic changes in the economy. Read on to find out why ArcelorMittal (MT) is my growth stock of the week. .The pandemic has disrupted and scrambled so many parts of the economy and markets. This includes the assumptions we make about certain types of stocks and the categories that we classify them in.
For instance, when investors discuss growth industries, steel stocks are not the first thing that comes to mind. Typically, they are better classified as value or cyclical stocks.
However, ArcelorMittal (MT), one of the world’s largest steel companies, is not just an attractive value investment. I believe that growth investors should also take a look at this stock, based on its recent earnings reports and the post-pandemic changes in the economy.
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