Reported 1 day ago
ArcelorMittal S.A. (NYSE:MT) has emerged as one of the best performers in European stocks for 2025, boasting a year-to-date stock price increase of 17.5%. Amidst a challenging global economic climate marked by trade wars and political instability, analysts are leaning towards Europe as a favorable investment option due to lower valuations and growth prospects. Goldman Sachs has recently upgraded ArcelorMittal's stock rating, highlighting declining raw material prices which could enhance profit margins. The company also initiated a new share buyback program, reflecting investor confidence.
Source: YAHOO