Why I Am Even More Bullish After Cleveland-Cliffs Failed To Buy U.S. Steel

Matteo Colombo Introduction A Happy New Year, everyone! In the first days of 2024, I want to discuss a stock I started covering during the 2014/2015 commodity crash and manufacturing recession. As the title of this article already gave away, that company is Cleveland-Cliffs (NYSE:CLF). When I started covering the company, it was named Cliffs Natural Resources and very different from the current company. My most recent coverage of the stock was on November 19, when I wrote an article titled “Steel Perfection – Why I’m Bullish On Cleveland-Cliffs.” Since that article, shares are up roughly 20%, outperforming the S&P…