“Iron ore and steel stocks were supposed to be struggling, but they brought us some of our best returns in the quarter.”
Chris Palmer
“Investors shifted to defensive stocks such as steel.”
Sheng Yen
“What's important for investors to realize about the Dow is it's not just steel stocks and industrial-related stocks. There are growth stocks. There are financial, entertainment and industrial stocks. So when one sector isn't doing well, another sector may be doing well. And that's exactly what's propelling the Dow.”
Tony Dwyer
“Local fund investors bid up steel stocks, as they had a lot of idle money after unloading technology stocks.”
David Li
“Mergers and acquisitions by foreign investors will be a market highlight this year. Banks, retailers and steel-making stocks will be favorites.”
Zhang Lan
“Investors favor steel stocks due to attractive price-earnings ratios and high dividend yields.”
Yosuke Shimizu
“My heart is true as steel.”
William Shakespeare
