Arcelor Mittal: 200 bagger in 5 years

Posted in :

Reading Time: < 1 minute

Mittal is the largest steel maker in the world. I happened to watch the CNBC interview of its CEO this morning. I checked the chart  (Google Finance) of Arcelor Mittal (MT), it went up 2129% in 5 years. I also happened to see the Nokia (NOK), a stock I traded in 2004, it went up 132% in 5 years.

So when I paid attention to all these latest fashion, trends, gadgets and cell phones, the old boring steel stock brought great return for its investors. I need to rethink my investing strategy now 🙂 

%d bloggers like this: