No. of Recommendations: 0

I believe the share price of MT is down because of mess in Europe (MT headquarters are in Europe). MT is largest steel manufacturer in the world. Due to European mess, the stock has taken a beating and trading at 52 wk low. Here are some numbers (from yahoo finance) -

Trailing PE - 8.2 Industry PE - ~13
Forward PE - 5.3
Price/sales - 0.34
price/book - 0.47
PEG - 0.3

As economy improves or Europe settles down, we may see an easy double from here, if not more...

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