Here's Why You Should Add ArcelorMittal Stock to Your Portfolio

Core Viewpoint - ArcelorMittal S.A. (MT) shares have increased approximately 39.1% over the past three months, indicating strong momentum and positive prospects for investors to consider adding the stock to their portfolios [1] Group 1: Stock Performance - MT has outperformed its industry over the past year, with shares rising 41.9% compared to a 23.6% decline in the industry [2][8] - The company’s stock has shown a significant rally of 39.1% in the last three months, reflecting strong investor confidence [1] Group 2: Earnings Growth - The Zacks Consensus Estimate for ArcelorMittal's earnings for 2025 is projected at $4.23 per share, suggesting a year-over-year growth of 43.4% [3][8] - MT reported earnings of $1.16 per share for the first quarter of 2025, surpassing the Zacks Consensus Estimate of 71 cents [4] Group 3: Strategic Expansion - ArcelorMittal is enhancing its steel production capacity with a focus on higher-value offerings, particularly in the automotive steel sector by introducing advanced high-strength steels (AHSS) [5] - The company plans to build a fully owned non-grain-oriented electrical steel (NOES) plant in Alabama to meet the growing demand for premium electrical steel and to provide a reliable domestic supply [9] Group 4: Shareholder Value - ArcelorMittal is committed to enhancing shareholder value through share repurchase initiatives and has increased its base dividend by 10% to 55 cents per share [10] - The company plans to distribute at least 50% of its post-dividend free cash flow to shareholders via ongoing share buybacks, reinforcing its commitment to returning value [11]