US Steel Investors May Be In For A Reality Check
Shares of United States Steel Corporation X 1.33% have traded higher by 17.2 percent in the past three months, but Longbow Research analyst Chris Olin believes the stock could be headed lower in the near term. According to Olin, there is a disconnect between positive investor sentiment and deteriorating market fundamentals, particularly in oil country tubular goods (see Olin’s track…