Cleveland-Cliffs (CLF) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this mining company have returned -14.2%, compared to the Zacks S&P 500 composite's +3.6% change. During this period, the Zacks Mining - Miscellaneous industry, which Cleveland-Cliffs falls in, has lost 8.2%. The key question now is: What could be the stock's futur ...

The most recent trading session ended with Cleveland-Cliffs (CLF) standing at $14.71, reflecting a -0.88% shift from the previouse trading day's closing. This change lagged the S&P 500's 0.25% gain on the day. Meanwhile, the Dow experienced a rise of 0.15%, and the technology-dominated Nasdaq saw an increase of 0.03%.The mining company's shares have seen a decrease of 16.21% over the last month, not keeping up with the Basic Materials sector's loss of 6.9% and the S&P 500's gain of 3.34%.The upcoming earnin ...

The May inflation readings showed cooling consumer and producer prices. However, in 2024, it’s important to define the meaning of words. In this case “cooling” doesn’t mean prices are going down. Rather, the rate at which they’re going up is slowing. That thesis is causing some analysts to believe stocks could be ready for a summer rally. If so, why not get more bang for your buck with the best under $20 stocks to buy?An important thing to remember about Investor psychology is that experienced investors hav ...

Cleveland-Cliffs (CLF) ended the recent trading session at $15.07, demonstrating a -0.4% swing from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily gain of 0.85%. Elsewhere, the Dow lost 0.09%, while the tech-heavy Nasdaq added 1.53%.The the stock of mining company has fallen by 15% in the past month, lagging the Basic Materials sector's loss of 3.24% and the S&P 500's gain of 3.11%.Investors will be eagerly watching for the performance of Cleveland-Cliffs in its u ...

Cleveland-Cliffs Inc (NYSE:CLF) stock is down 3.5% to trade at $15.12 at last check, after J.P. Morgan Securities downgraded it to "neutral" from "overweight," and cut its price objective to $17 from $23. The analyst in coverage cited weak fundamentals, rising capital expenditure needs, and lack of near-term growth.The brokerage bunch already leaned bearish on Cleveland-Cliffs stock coming into today, with eight of the 11 firms calling it a tepid "hold" or worse. Short sellers are firmly in control as well, ...

Cleveland-Cliffs (CLF) ended the recent trading session at $15.65, demonstrating a -0.95% swing from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily gain of 0.26%. Elsewhere, the Dow saw an upswing of 0.18%, while the tech-heavy Nasdaq appreciated by 0.35%.The mining company's stock has dropped by 8.78% in the past month, falling short of the Basic Materials sector's loss of 2% and the S&P 500's gain of 3.25%.The investment community will be paying close attention ...

The Biden administration announced in May 2024 that it would not only leave the existing tariffs on Chinese steel and aluminum in place but is proposing to triple them. The implications for the United States steel industry is a simple matter of supply and demand. Which is why it’s time for investors to look for steel stocks to buy. The current Section 301 of the Trade Act of 1974 imposes a 7.5% tariff on steel and aluminum imports from China. The Biden administration is proposing increasing those to 25%. Th ...

The most recent trading session ended with Cleveland-Cliffs (CLF) standing at $16.94, reflecting a +0.18% shift from the previouse trading day's closing. This move outpaced the S&P 500's daily gain of 0.03%. Elsewhere, the Dow lost 0.56%, while the tech-heavy Nasdaq added 0.59%.Coming into today, shares of the mining company had lost 6.37% in the past month. In that same time, the Basic Materials sector gained 2.94%, while the S&P 500 gained 4.19%.The investment community will be paying close attention to t ...

Cleveland-Cliffs (CLF) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this mining company have returned -26.9% over the past month versus the Zacks S&P 500 composite's -4.2% change. The Zacks Mining - Miscellaneous industry, to which Cleveland-Cliffs belongs, has lost 0.5% over this period. Now the key question is: Where could the stock be headed in the near term?Whil ...

Loading...Loading...The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies.The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro.Here's the latest list of major ...