ArcelorMittal (ADR) ($MT) Cautious Buy or Hold to $37 Confident Investor Rating: Fair

Company name ArcelorMittal (ADR)
Stock ticker MT
Live stock price [stckqut]MT[/stckqut]
P/E compared to competitors Fair
MANAGEMENT EXECUTION
Employee productivity Poor
Sales growth Good
EPS growth Good
P/E growth Good
EBIT growth Poor
ANALYSIS
Confident Investor Rating Fair
Target stock price (TWCA growth scenario) $26.64
Target stock price (averages with growth) $52.74
Target stock price (averages with no growth) $51.76
Target stock price (manual assumptions) $26.88

The following company description is from Google Finance: http://www.google.com/finance?q=mt

ArcelorMittal SA is a Luxembourg-based company involved in the mining and steel industry. In 2011, the Company had crude steel production of 91.9 million tones. In 2011 the Company has 29 mining operations. It operates in divisions: Flat Carbon Americas; Flat Carbon Europe, Long Carbon Americas and Europe; Asia, Africa and Commonwealth of Independent States (CIS) (AACIS), and Distribution Solutions. The Company's portfolio of products includes finished, semi-finished, long and flat products, such as slabs, hot-rolled coil, cold-rolled coil, coated steel products, tinplate and heavy plate, as well as billets, blooms, rebars, wire rod, sections, rails, sheet piles and drawn wire. Its products are sold to the steel-consuming industries including automotive, heavy machinery, pipes and tubes, construction, packaging and appliances. It operates through numerous subsidiaries in the United States, Canada, Brazil, France, Germany, Kazakhstan, Ukraine, South Africa, among others.

Confident Investor comments: At this time, I think that a Confident Investor can cautiously invest in this stock as long as the price is correct. Most of the fundamentals of this company are good but there are some concerns.

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