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Cleveland-Cliffs Inc. (CLF): A Bull Case Theory

We came across a bullish thesis on Cleveland-Cliffs Inc. (NYSE:CLF) on Substack by Unemployed Value Degen. In this article, we will summarize the bulls’ thesis on CLF. Cleveland-Cliffs Inc. (NYSE:CLF)'s share was trading at $9.90 as of Jan 6th. CLF’s trailing and forward P/E were 133.67 and 15.22 respectively according to Yahoo Finance.

[caption id="attachment_1228655" align="aligncenter" width="768"] A steel coil being loaded into a facility for further processing and distribution.[/caption]

Cleveland-Cliffs (NYSE:CLF) represents a compelling turnaround story under the...