Christoph Aublinger
Long only, value, commodities

Voestalpine: Best Steel Pick In Europe

(Editor's Note: Shares of the company trade with limited liquidity as VLPNF. Investors may consider the German listing under the ticker VAS.)

There is hardly any sector that is more linked to business cycles than steel producers. When economy grows steel is ordered in masses, while in difficult economic times demand decreases rapidly. These phenomena could also be observed in the years before and after the crash of Lehman Brothers. Even now, at the beginning of 2014, stock prices of most steel producers have not reached their pre-crisis peak. Many of them had to face difficult times with huge losses, especially the producers with production facilities in Europe, the continent most struck by the crisis. As far as I know,...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details