Is ArcelorMittal a buy?

Is ArcelorMittal a buy?

ArcelorMittal has received a consensus rating of Buy. The company’s average rating score is 2.92, and is based on 11 buy ratings, 1 hold rating, and no sell ratings.

Why is ArcelorMittal stock low?

This led to a drop in the steel demand from industry players, in turn impacting the company’s price realization for its products. Lower demand from construction and automobile players, has led to a drop in global steel prices in 2020, which had already seen a drop due to the ongoing US-China trade war….

Which is the biggest steel plant in world?

Top 10 Largest Steel Producing Companies in the World

1. ArcelorMittal. ArcelorMittal, who operates in more than 60 countries, is headquartered in Avenue de la Liberte, Luxembourg.
2. Nippon Steel & Sumitomo Metal Corporation (NSSMC)
3. Hebei Iron and Steel Group.
4. Baosteel.
5. Wuhan Iron and Steel Group.
6. Posco.
7. Jiangsu Shagang.
8. Tata Steel Group.

Which country has the highest quality steel?

China

Who has the best steel in the world?

Top 10 largest Steel Producing Countries in the World

1. China. China surpassed all goals and reached a staggering 808.4 million metric tons of crude steel in 2016.
2. Japan.
3. India.
4. The United States of America.
5. Russia.
6. South Korea.
7. Germany.
8. Turkey.

What is the biggest company in the world?

Walmart

Is Apple bigger than Microsoft?

As of May 2020, AAPL had a market cap of around $1.35 trillion. Apple used to be the largest company in the world, but MSFT edges Apple out with a market cap of $1.40 trillion, riding on the strength in the growth of its cloud computing business….

Which company is the richest?

Top companies in the world by revenue 2019. This statistic shows the 100 largest companies worldwide, ranked by their revenue in the fiscal year of 2019. Walmart topped the ranking with about 523.96 billion U.S. dollars in revenue….

Is Amazon bigger than Google?

Amazon AWS: $10.8 billion. IBM: $6.3 billion. Google: $3.0 billion….

Will Google ever die?

Google will die when it becomes irrelevant, and even then it won’t be an overnight process. Google will die when it becomes irrelevant, and even then it won’t be an overnight process.

Who is richer Google or Microsoft?

Apple, Google, and Microsoft: revenue comparison 2008-2020. In the fiscal year 2020, hardware-focused Apple’s 274.52 billion US dollar revenue was almost double the amount of Microsoft’s 143.02 billion U.S. dollars, with Alphabet generating 182.53 billion US dollars that same year….

Is Facebook richer than Google?

BOSTON: Facebook founder Mark Zuckerberg has become richer than Google founders Sergey Brin and Larry Page, thanks to GSV Capital Corp’s stake buy which values the popular social networking site at about USD 70 billion. Earlier this year, Zuckerberg’s net worth stood at USD 13.5 billion….

Is Google the biggest tech company?

The 10 most valuable tech companies in the world:

• Apple (AAPL): $2 trillion.
• Amazon.com (AMZN): $1.6 trillion.
• Microsoft Corp. ( MSFT): $1.6 trillion.
• Alphabet (GOOG, GOOGL): $1.05 trillion.
• Facebook (FB): $760 billion.
• Alibaba Group Holding (BABA): $730 billion.
• Tencent Holdings (TCEHY): $650 billion.
• Taiwan Semiconductor Manufacturing Co. ( TSM): $393 billion.

Is any company worth a trillion dollars?

Amazon passed $1 trillion on September 4, 2018. Microsoft exceeded the $1 trillion mark on June 7, 2019. Saudi Aramco passed $1 trillion on December 11, 2019. Alphabet, Google’s parent company, achieved a $1 trillion value on January 16, 2020….

How much is Google worth 2021?

As of 2021, Google has an estimated net worth of around $420 billion. Alphabet, as a parent company to Google, has an estimated net worth of $900 billion, thus making it one of the most valuable companies in the world….

Who is richer Google or Apple?

Google’s parent company Alphabet has overtaken Apple to become the most cash-rich company in the world. The Financial Times reports that as of the second quarter of this year, Alphabet holds $117 billion in liquid reserves, compared to $102 billion, net of debt, for Apple.

What is Google worth right now?

$223 billion

What is Google’s net worth in 2020?

Thanks to its stock hitting new records, returning over 51% in 2019 and up almost 6% so far in 2020, the company is now worth $632 billion. Key background: On Monday, the Financial Times first reported that Google’s market cap was within 1% of the $1 trillion threshold….

What will Google stock be worth in 2025?

50.1% of respondents said Google stock will grow the most by 2025. The stock trades at $1,791.95 per share, off the 52-week low of $1,008.87….

How much cash does Google have 2020?

Compare GOOGL With Other Stocks

Alphabet Annual Cash on Hand (Millions of US $)
2020	$136,694
2019	$119,675
2018	$109,140
2017	$101,871

Which companies have the most cash on hand 2020?

Microsoft currently has the largest cash pile at $136.6 billion as of last quarter, according to estimates from FactSet. Berkshire Hathaway, Alphabet and Apple occupy the other top spots, with $128.2 billion, $121.2 billion, and $100.6 billion, respectively….

Is it good for a company to have a lot of cash on hand?

Excess cash on the balance sheet helps an organization manage its cash flow efficiently. Since borrowing costs are high, organizations should maintain some excess cash on hand to avoid taking short-term loans. Excess cash on hand is an indication of the short-term financial well-being of the business.

Does Google have any debt?

Google Inc. added to its cash hoard Monday by issuing $3 billion in corporate debt at low interest rates. It’s the first time Google has tapped the corporate bond market for money. As of March 31, Google listed $3.2 billion in short-term debt, which consisted mostly of commercial paper….

What companies are debt free?

List of Debt-Free S&P 500 Companies 2021

	Updated:	/th>
1	ABMD	Abiomed
2	FTNT	Fortinet
3	ISRG	Intuitive Surgical
4	MNST	Monster Beverage