The 7th Trillion Dollar Company?
There are six American companies worth over $1 trillion. Could there be a seventh soon? This company signed a massive deal with Apple until 2040 and is also involved with Nvidia, Google, and Samsung. Could this be the next trillion-dollar company? A top stock expertpicker thinks so.
| Open | 14.9 | Prev Close | 15 |
| High | 15.07 | Low | 14.79 |
| Volume | 8,637,793 | Volume (Avg) | 8,801,248 |
| 52 Week High | 18.77 | 52 Week Low | 2.82 |
| Market Cap | 8.3B | PE Ratio | 18.81 |
General
| Name | Cleveland-Cliffs Inc |
| Ticker | CLF |
| Exchange | NYSE |
| Sector | Basic Materials |
| Industry | Steel |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 25,000 |
About Cleveland-Cliffs Inc
Cleveland-Cliffs Inc. operates as an independent iron ore mining company in the United States, Canada, and internationally. It operates in two segments, Mining and Pelletizing, and Metallics. The company operates three iron ore mines, including the Tilden mine in Michigan; and the Northshore and United Taconite mines in Minnesota, as well as holds 23% stake in the Hibbing mine in Minnesota. It produces various grades of iron ore pellets, including standard, fluxed, and DR-grade for blast furnace steel producers; and flat-rolled carbon, stainless, and electrical steel products primarily for the automotive, infrastructure, and manufacturing markets. The company was formerly known as Cliffs Natural Resources Inc. and changed its name to Cleveland-Cliffs Inc. in August 2017. Cleveland-Cliffs Inc. was founded in 1847 and is headquartered in Cleveland, Ohio.
Highlights
| Analyst Target | 19.52 |
| Market Cap | 8,326,758,400 |
| PE Ratio | 18.81 |
| PEG Ratio | -0.22 |
| EBITDA | 535,000,000 |
Valuation
| Trailing PE | 137.83 |
| Forward PE | 6.58 |
| Price/Sales (Trailing 12 Mt.) | 1.19 |
| Price/Book (Most Recent Quarter) | 4.14 |
Technicals
| Beta | 2.29 |
| 52 Week High | 18.77 |
| 52 Week Low | 2.82 |
| 50 Day Average | 15.91 |
| 200 Day Average | 11.80 |
Earnings
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