The Motley Fool Discussion Boards
Real-Money Stock Picks / Matt Argersinger and Paul Chi
|Subject: MT||Date: 5/31/2012 8:53 PM|
|Author: Axsprime||Number: 16 of 17|
Given that metals and miners are getting hammered like an Irishman at a wedding, would MT be a solid long term play from here? Steel is the lifeblood of manufacturing......the markets seemed to have priced steel as perennially being in oversupply mode with constant anemic demand for decades. So in my gut I know I should buy good steel makers.
But I am not yet well versed in gauging if companies are on solid financial footing. What do you Fools think about the debt load MT carries? Would a further divvy cut be par for the course?
Please help this bloke with your thoughts. I bought some MT when it was at 22 and am considering adding to the position with an equal sized purchase.
Thanks Matt & Paul.
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