The Meaning Behind Value Stocks
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.
Someone with a lot of money to spend has taken a bullish stance on ArcelorMittal (NYSE:MT).
And retail traders should know.
We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.
Companies Reporting Before The Bell
• Mirum Pharmaceuticals (NASDAQ:MIRM) is expected to report quarterly loss at $1.34 per share on revenue of $8.46 million.
Today's 5 Stock Ideas:
Seagate Technologies (STX) - A play on the computer memory space. Shares of peer in the memory group, Western Digital (WDC), were up 10% following a call from shareholder Elliott
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date.
What Happened? On this day in 1862, Charles M. Schwab was born in Williamsburg, Pennsylvania.
Where The Market Was: Schwab's birth predates both the S&P 500 and the Dow Jones Industrial Average.
New DRI and EAF installations at ArcelorMittal Dofasco in Hamilton, Ontario will reduce carbon emissions by approximately 60%
15 February 2022, 16:30 CET
ArcelorMittal (the ‘Company’) has today