Why AK Steel Can Gain 60%

Steel stocks have been on a run the past couple of days, with AK Steel (AKS) having gained 20% during the past week of trading, United States Steel (X) rising 17%, Steel Dynamics (STLD) up 5.1%, and Nucor (NUE) up 7.7%. So of course it’s the perfect time for JPMorgan’s Michael Gambardella and team to upgrade [...]
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