Number 2: United States Steel

Best Performing Stocks of 2016

Coming in at number 244 on the Fortune 500 list, United States Steel, like Steel Dynamics, saw a big increase this year, as investors received a 332 percent return on their investment in 2016. Thanks to the big tick up in steel prices, U.S. Steel benefited throughout the year, only to see an additional increase after president Trump won the election. The good news doesn’t stop there, either. As our country continues to decrease the amount of steel it imports from China, United States Steel is likely to benefit even more, which should send it’s value up still further.

The post Number 2: United States Steel first appeared on Advisors to the Ultra-Affluent – Groco.

Bill Evans