Relatively Good Performance Detected in Shares of Cliffs Natural Resources in the Steel Industry (CLF, ATI, WOR, MT, CMC)

Print Share

Dec 05, 2012 (Fast Lane via COMTEX) -- We looked at the Steel industry and measured relative performance to find the top stocks. Relative outperformance is a bullish sign of underlying fundamental and technical strength. We look at yesterday's price action of all companies in this peer group.

Cliffs Natural Resources (NYSE:CLF) ranks first with a gain of 3.52%; Allegheny Technologies (NYSE:ATI) ranks second with a gain of 2.81%; and Worthington Industries (NYSE:WOR) ranks third with a gain of 2.27%.

ArcelorMittal (NYSE:MT) follows with a gain of 2.09% and Commercial Metals (NYSE:CMC) rounds out the top five with a gain of 1.44%.Cliffs Natural Resources Inc. is a diversified mining and natural resources company. The Company mines for iron ore and coal in locations across North America, South America, and Australia.


Financial News Network Online (FNNO) is a leading provider of digital financial news content for distribution on the web. You can count on FNNO to bring you the latest market news, earnings reports, analyst comments, economic data reports and more. Visit today.

Copyright, Comtex News Network, Inc. 2012

Free Stock Analysis From Zacks

Zacks Research is Reported On:

Zacks Investment Research

is an A+ Rated BBB

Accredited Business.