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Why AK Steel (AKS) Stock Is Gaining Today

2014-09-16 22:49:19| Steel - Topix.net

Market Realist analyst Mark O'Hara recently wrote a note detailing that he believes AK Steel is set to experience major growth since the automotive sector, which accounts for the majority of AK Steel's revenue, has been growing at a steady rate that is expected to continue into the near term. However, O'Hara also noted that such revenue stream concentration could prove to be costly if there is an unexpected downturn in the automotive industry.

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