Why Cleveland-Cliffs Inc. (CLF) Is Skyrocketing Today?
Wednesday, Mar 12, 2025 10:18 pm ET
4min read Ladies and gentlemen, buckle up! Today, we're diving into the red-hot world of steel, and there's one stock that's absolutely ON FIRE: cleveland-cliffs inc. (CLF). This isn't just a stock; it's a rocket ship ready to blast off into the stratosphere. So, why is CLF skyrocketing today? Let's break it down!
First things first, cleveland-cliffs just reported its 2024 financial results, and let me tell you, it's a tale of two halves. The company faced a perfect storm of challenges last year, with revenues plummeting to $19.2 billion from $22.0 billion in 2023. The GAAP net loss was a staggering $708 million, and adjusted net loss was $351 million. Ouch! But here's the thing: the market is forward-looking, and Cleveland-Cliffs has some serious catalysts lined up for 2025.
Let's talk about the $40 per ton cost reduction initiative. This is a game-changer! Cleveland-Cliffs is slashing costs like a hot knife through butter, and this is going to make a HUGE difference in their bottom line. With steel prices under pressure, every dollar saved is a dollar earned. This initiative is all about operational efficiency, and it's going to pay off big time.
But that's not all! Cleveland-Cliffs just acquired Stelco, and this move is a strategic masterstroke. By diversifying their revenue streams, they're no longer just an automotive steel play. They're now in the spot market game, which means better pricing flexibility and market responsiveness. This is crucial in a volatile steel market, where prices can swing like a pendulum. The Stelco acquisition is all about positioning Cleveland-Cliffs for growth, and the market is taking notice.
Now, let's talk about the elephant in the room: trade policies. President Trump's 25% tariffs on steel and aluminum are a massive tailwind for Cleveland-Cliffs. This is a company that's vertically integrated, and these tariffs are going to boost their results. The market is betting big on this, and you should too!
CLF Basic EPS, Total Revenue...
| Name |
|---|
| Date |
| Basic EPS(USD) |
| P/E(TTM) |
| Total Revenue(USD) |
| Dividend Yield (TTM)% |
| ROE(Average)% |
| Cleveland-CliffsCLF |
| 20241231 |
| -0.92 |
| -- |
| 4.33B |
| -- |
| -10.36 |
So, what's the bottom line? Cleveland-Cliffs Inc. (CLF) is a BUY, BUY, BUY! The cost reduction initiative, the Stelco acquisition, and the trade policies are all lining up perfectly. This stock is poised for a major breakout, and you don't want to miss out on this opportunity. Trust me, this is a no-brainer!
But remember, the market is a fickle beast, and nothing is guaranteed. So, do your own research, and make sure you're comfortable with the risks. But if you're looking for a high-growth, high-reward play in the steel sector, Cleveland-Cliffs Inc. (CLF) is the stock for you. So, what are you waiting for? Get in on the action, and let's ride this rocket ship to the moon!
