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Saturday, April 26, 2008 11:02:49 AM
MG currently has a SELL rating on POSCO (PKX), based on a final overall grade of 46.4 scored by the company's fundamental analysis. POSCO scores at the 54th percentile among all 5332 U.S. listed equities currently followed by MG. Our present rating dates to November 16, 2007, when it was downgraded from a BUY. Relative to the Steel sub-industry, which is comprised of 32 companies, POSCO's grade of 46.4 ranks 27th. The industry grade leader is CSN-CIA SIDERURGICA NACIONAL (SID) with an overall grade of 82.2. The stock has performed poorly in the last six months in relative terms, down 33.37% compared with the Steel sub-industry, up 11.82% and the S&P 500 Index, down 8.19%.
Regards,
frenchee
#board-4258 TSP Trend Timing: EFA (I), TLT (F), SPY (C), and VXF (S)
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