5 Best Metal Stocks to Invest In

3. United States Steel Corporation (NYSE:X)

Number of Hedge Fund Holders: 37

United States Steel Corporation (NYSE:X) is a producer of flat-rolled and tubular steel products. The company operates in North America and Europe, and is based in Pittsburgh, Pennsylvania.

Morgan Stanley’s Carlos De Alba holds an Equal Weight rating on United States Steel Corporation (NYSE:X) shares as of October 4. The analyst also placed a $21.50 price target on the stock.

United States Steel Corporation (NYSE:X) had an EPS of $3.86 in the second quarter of 2022, in line with estimates. The company’s revenue was $6.29 billion, beating estimates by $468.84 million.

Our hedge fund data shows 37 funds long United States Steel Corporation (NYSE:X) in the second quarter, with a total stake value of $1.7 billion.