Cleveland-Cliffs Inc.
做多

$CLF bouncing at triple layer support. Looking for a double.

89
CLF recently posted strong earnings and instituted a dividend. CLF is the #1 pure play iron ore producer used in making steel. I am looking for infrastructure rebuild to be a theme in 2019 of which CLF will be a vital player. CLF is buying back near term debt and has a strong free cash flow which is improving every quarter. Longer term I am looking for at least a double from here.

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