These are stocks off my watch list which I have decided to write reports on. Keep in mind that you should not base any of your investment decisions on my stock picks. However you use the information on this site is your sole responsibility.
X has had stellar performance over the last 5 years. The current recession will stifle this performance as steel prices remain low due to oversupply and increased competition from foreign steel mills. X may benefit from stimulus packages being passed in the United States, Asia, and Europe which may need steel for infrastructure projects. The first quarter of 2009 is expected to show a decline in sales and profits from the previous quarter (Q4 2008).
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