gold stocks

Gold Prices Soar: Which Stocks Do Analysts Favor?

Kirkland Lake is first among analysts' favorite gold stocks with 91% “buy” and 9% “hold” ratings. The target price implies a potential upside of 16%.
US steel industry

US Steel Industry Pins Hopes on Auto Plant Restarts

US steel demand has fallen sharply due to the COVID-19 pandemic. The automotive sector will start resuming operations, which should support demand.
US steel stock analyst rating

Analysts Have Different Views on US Steel Stocks in May

UBS is bearish on US steel stocks. Last week, UBS lowered Steel Dynamic's target price from $43 to $32 and Nucor's target price from $56 to $39.
gold prices

Gold Prices: Undervaluation, Smart Money Piles Up

Since March, gold prices are on a tear due to uncertainty surrounding COVID-19. The SPDR Gold Shares has seen gains of 16.2% since March 18.
US steel company price

US Steel Companies: Price Hikes amid COVID-19

U.S. Steel Corporation, Nucor, and ArcelorMittal announced a price hike earlier this month. US steel prices fell to multiyear lows amid COVID-19.
US steel industry tariffs

US Steel Industry Craves Another Tariff Reprieve

While the US slapped tariffs on imports on several key product categories, the US steel industry’s fortunes haven’t really revived.
gold prices

Weekly Update: Will the Upside Stay Intact in Gold Prices?

In 2020, gold prices have been shining due to turmoil in the equity market. The S&P 500 Index (NYSEARCA:SPY) has fallen by 12.4% on a YTD basis.
U.S. Steel Q1 Minntac layoffs

U.S. Steel: Q1 Earnings, Layoffs, and Minntac Stake Sale

U.S. Steel Corporation (NYSE:X) released its first-quarter earnings on Thursday after the markets closed. The earnings were better than expected.
NUE X US Steel Q1 earnings

NUE and X to Report Q1 Earnings: What Should You Watch?

The earnings season is in full swing. This week, Nucor (NYSE:NUE) and U.S. Steel Corporation (NYSE:X) will likely release their first-quarter earnings.