10 Best US Stocks To Own Right Now

10 Best US Stocks To Own Right Now: United States Steel Corporation(X)

United States Steel Corporation produces and sells steel mill products in North America and Central Europe. It operates in three segments: Flat-rolled Products (Flat-rolled), U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-rolled segment offers slabs, rounds, strip mill plates, sheets, and tin mill products, as well as iron ore and coke. This segment serves service center, conversion, transportation, construction, container, and appliance and electrical markets in North America. The USSE segment offers slabs, sheets, strip mill plates, tin mill products, and spiral welded pipes, as well as heating radiators and refractory ceramic materials. This segment serves the European construction, service center, conversion, container, transportation, and appliance and electrical, as well as and oil, gas, and petrochemical markets. The Tubular segment offers seamless and electric resistance welded steel casing and tubing; and standard, and line pipe and mechanical tubing. It primarily serves customers in the oil, gas, and petrochemical markets. The company also provides transportation services, including railroad and barge operations. In addition, it owns, develops, and manages various real estate assets, which include approximately 200,000 acres of surface rights primarily in Alabama, Illinois, Maryland, Michigan, Minnesota, and Pennsylvania; participates in joint ventures that are developing real estate projects in Alabama, Maryland, and Illinois; and owns approximately 4,000 acres of land in Ontario, Canada. The company was founded in 1901 and is headquartered in Pittsburgh, Pennsylvania.

Advisors' Opinion:

• [By Ben Levisohn]

  I just wrote about iron miners getting pounded; now it’s time for the steel stocks like US Steel (X), AK Steel (AKS) and Steel Dynamics (STLD).

• [By Ben Levisohn]

  Cliff’s gain puts it atop the S&P 500 today. Rio T! into (RIO) has gained 1.3% to $46.48, BHP Billiton (BHP) has risen 1% to $63.44 and U.S. Steel (X) is up 1.4% to $18.32.

• [By Dan Carroll]

  That problem goes beyond just Chinese-based stocks, however. Firms in the industry, like Alcoa (NYSE: AA  ) , won't be able to use China as a major source of future growth anymore with the manufacturing industry falling. China's slump is another hit to Alcoa's prospects. Moody's already downgraded the firm's bond rating to junk statusand, unless Alcoa can pivot away from China to some new source of growth, this stock's prospects look grim. The same goes for the likes of U.S. Steel (NYSE: X  ) , which saw its own credit rating downgraded by S&P on Monday due to oversupply and poor market conditions in the steel industry. As long as Chinese giants like Wuhan continue pumping out steel into a supersaturated market, U.S Steel and its American and European competitors won't be able to recover from depressed prices, and a lack of demand -- something that will grow even worse as Chinese manufacturing demand falls.

• [By Ben Levisohn]

  The news has hit Nucor’s shares today. Its stock has dropped 1.4% to $51.30, even as U.S. Steel (X) has gained 0.3% to $27.20, AK Steel (AKS) has gained 1.2% to $6.10 and Steel Dynamics (STLD) has decline 0.1% to $18.95. Encana is little changes at $17.95.

source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/10-best-us-stocks-to-own-right-now.html