10 Stocks to Buy in May and Go Away
Investor takeaway: Its shares are up 7.8% this year and have a three-year, average annual return of 6%. Analysts give its shares two "buy" ratings, and one "buy/hold," according to a survey of analysts by S&P. Morningstar fair value: $10, a 109% premium to the current price.
1. ArcelorMittal(MT)
Company profile: ArcelorMittal, with a market value of $27 billion, is the world's biggest steel producer with operations in 20 countries and a presence in all major steel markets.
Dividend Yield: 3.62%
Investor takeaway: Its shares are down 2.3% this year and have a three-year, average annual decline of 7%. Analysts give its shares three "buy" ratings, three "buy/holds," and two "holds," according to a survey of analysts by S&P. Morningstar fair value: $48, a 176% premium.
>>To see these stocks in action, visit the 10 Stocks to Buy in May and Go Away portfolio on Stockpickr.