Below are the top five companies in the Steel industry as measured by the potential gains between the current stock price and the projected average analyst target.
General Steel Holdings (NYSE:GSI) has a potential upside of 729.8% based on a current price of $2.35 and an average consensus analyst price target of $19.5.
Sutor Technology Group (NASDAQ:SUTR) has a potential upside of 201.5% based on a current price of $1.99 and an average consensus analyst price target of $6.
Cliffs Natural Resources (NYSE:CLF) has a potential upside of 93.3% based on a current price of $47.16 and an average consensus analyst price target of $91.14.
Sims Metal Management (NYSE:SMS) has a potential upside of 83.6% based on a current price of $14.16 and an average consensus analyst price target of $26.
ArcelorMittal (NYSE:MT) has a potential upside of 74.1% based on a current price of $26.81 and an average consensus analyst price target of $46.67.
SmarTrend is bearish on shares of GSI and our subscribers were alerted to Sell on February 04, 2010 at $3.90. The stock has fallen 39.7% since the alert was issued.