Best Performing Stocks of 2016
Coming in as the number one stock on Fortune 500’s list of best stocks of 2016, with a 359 percent increase, is yet another steel company: AK Steel Holding, which also saw significant gains thanks to the increase in steel prices. And, just like United States Steel and Steel Dynamics, AK also benefited from Trump’s victory, rising 74 percent since the November 8 election. Trump has also expressed a desire to use steel in more infrastructure projects going forward and to implement trade policies that make domestic steel more attractive.
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