Cleveland-Cliffs Stock: Stay Away To Avoid 25% Value Erosion

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Cleveland-Cliffs Stock: Stay Away To Avoid 25% Value Erosion

After rising more than 160% from its March lows of this year, at the current price of over $8 per share, we believe Cleveland-Cliffs stock is overvalued. The iron ore and pellet giant’s stock has rallied from $3 to over $8 off its recent bottom compared to the S&P 500 which increased almost 52%…
Source: Forbes Markets

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