- Portfolio Prep for Next Week: 'Don't Get Crazy'
- Strategists on Dubai: Avoid 'Rash Moves' Now
- Dubai Stock Market Fear Has 'Legs': Dennis Gartman
- Surprising Options Trades in TiVo Shares
- 10 Dividend Picks For Your Portfolio: Chief Investors
- 4 Thanksgiving Week Buys For Your Portfolio: Market Pros
- There's a 'Great Chance' For a Double-Dip Recession: Strategist
- Retail Earnings and Sales to Improve in Q4: Analyst
- 4 Food Stocks to Stuff in Your Portfolio: Analyst
- S&P at 1050-1200 Trading Range Next Year: Strategist
- U.S. Stocks Fall on Dubai Worries
- Black Friday at Best Buy
- Strategists on Dubai: Avoid 'Rash Moves' Now
- Longer Lines, Fuller Carts This Black Friday
- Dubai Stock Market Fear Has 'Legs': Dennis Gartman
- Obama's Emission Reduction Pledge Paints Future for Autos
- Is Super Bowl Halftime Act Too Old?
- Surprising Options Trades in TiVo Shares
- EA Sports Hopes to Pump Up Sales Through Pop-Up Locations
- Abu Dhabi Will Aid Debt-Fraught Dubai 'Case by Case'
- Banks With The Biggest Exposure to The UAE
- Dubai's Debt Woes Signal New Era for Creditors
- Next Week: Cash In Now Or Wait For A Santa Rally?
- Dubai Stock Selloff May Bring Buying Opportunity
- Longer Lines, Fuller Carts This Black Friday
- Big US Banks May Be Forced to Raise Capital: Bove
- Bank of America Amends Pay for Senior Executives
- Tiger Woods Out of Hospital After Accident
RSS FEED
CNBC Stock Blog
Where does Mark Parr of KeyBanc Capital Markets see investment opportunity in the stock market? Steel yourself for the answer.
"The (steel) industry has done such a good job this year of getting its stuff in order," he told CNBC. "Inventories are down; the mills are really working aggressively to protect pricing, and, as they've done that, the raw materials side has falllen faster than steel prices have fallen."
This, he says, comes on top of a wave of consolidation that has thinned out the ranks of steelmakers.
Recommendations:
Parr recommends these badly-hammered steel stocks:
Nucor [NUE
Loading...
()
], Steel Dynamics [STLD
Loading...
()
], Reliance Steel [RS
Loading...
()
], Cliffs Natural Resources [CLF
Loading...
()
], and GrafTech International [GTI
Loading...
()
].
Disclosures:
Parr's firm owns more than one percent of Nucor, Steel Dynamics, Reliance Steel, Cliffs Natural Resources, and GrafTech International. In addition, Parr's family owns shares of GrafTech International.








