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To invest in U.S. Steel, you'll need nerves of steel

Posted Apr 15th 2009 6:00PM by Joseph Lazzaro (RSS feed)
Filed under: U.S. Steel (X), Stocks to Buy

US Steel is another one of those infamous, history-making stocks that investors aren't likely to forget any time soon.

Amid the robust growth and euphoria of emerging market economies, United States Steel Corporation (NYSE: X) soared first past $100, then $150, then above $196 per share in the summer of 2008, only to come crashing down when the leveraging bubble burst and many momentum traders exited the market.

Continue reading To invest in U.S. Steel, you'll need nerves of steel

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Last updated: May 27, 2012: 06:46 PM

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