Should you buy Cleveland-Cliffs Inc (CLF) stock below $20?

Stocks below $20 provide an opportunity for retail and small investors to accumulate stocks at reasonable […] Find the latest Cleveland-Cliffs Inc. (CLF) stock quote, history, news and other vital information to help you with your stock trading and investing.

What are CLF share price targets?

Their CLF share price targets range from $18.00 to $25.00. On average, they anticipate the company's share price to reach $21.36 in the next twelve months. This suggests a possible upside of 14.2% from the stock's current price. View analysts price targets for CLF or view top-rated stocks among Wall Street analysts.

What's going on with Cleveland-Cliffs' (CLF) last earnings release?

There's a lot of puts and takes with Cleveland-Cliffs' (NYSE: CLF) last earnings release, highlighting much of what makes the commodity environment so peculiar right now. Effects from Russia, but also an eventual economic burst in China due to an overheating property market, have both applied various effects on the price of steel.

Why is Cleveland-Cliffs winning share?

While key markets like automotive are suffering, CLF is winning share due to higher quality assets. Competitors will have to CAPEX to improve the quality of their output while Cleveland-Cliffs won't. CAPEX plans remain modest and cash flow generation unhindered for CLF compared to competitors.