Is Cleveland-Cliffs a good stock to buy?

Cleveland-Cliffs has approximately 28,000 employees and its shares are a component of the S&P 500. Small- and mid-cap stocks (SMID) have underperformed large-caps over the past 12 months, but may be in a better position to generate market-beating returns going forward.

What happened to Cleveland-Cliffs (CLF)?

In the latest trading session, Cleveland-Cliffs (CLF) closed at $17.16, marking a -0.69% move from the previous day. The stock trailed the S&P 500, which registered a daily gain of 0.11%. Meanwhile, the Dow lost 0.3%, and the Nasdaq, a tech-heavy index, added 0.56%.

Is Cleveland-Cliffs a stock in the S&P 500?

Cleveland-Cliffs Inc. is a leading steel supplier and the largest flat-rolled steel company in North America. The company also specializes in iron ore, including all aspects of the mining, pelletizing, and beneficiation. Cleveland-Cliffs has approximately 28,000 employees and its shares are a component of the S&P 500.