CL CLF Cleveland-Cliffs Loading... : Bullish and Bearish Analyst Opinions

Author discloses a long position in CLF entered below $10, now profitable, implying continued bullish conviction.

The author expresses a vague reaction to Cleveland-Cliffs without any clear directional stance or position disclosure.

Author explicitly states they have a very big position in F since following option flow, covering losses from photonics names, and calls F way better than FLNC for the battery play.

Author notes unusual options flow in CLF; quoted context references JPMorgan-advised mill site sale process as potential catalyst, but author makes no personal directional commitment.

Author endorses a large position in CLF citing unique GOES monopoly, data center catalyst, and potential 3x re-rating from debt reduction and AI infrastructure demand.

Author discloses current call options position in CLF; no specific catalyst stated beyond existing bullish options exposure.

The author notes unusual call activity on CLF and speculates about a Posco deal closing, but the language is speculative and not a clear directional endorsement.

CLF is the only domestic producer of grain-oriented electrical steel (GOES), which is essential for large transformers used in data centers, EV charging, and grid upgrades. As transformer shortages intensify, demand for GOES will outstrip supply, creating a pricing moat for CLF that the market hasn't priced in. CLF offers a direct, undervalued play on electrification infrastructure beyond its cyclical steel pricing. Commodity price downturn, recession reducing infrastructure spending, new GOES capacity coming online, or substitution by amorphous steel.

Avoid CLF/NUE/STLD/AA as rising PJM power costs and volatility increase operating expenses for energy-intensive industrials without hedged load.

Long $CLF — 'old man stock' finally breaking out; speaker knew it would do it this week.

Long CLF — speaker includes it in his 'mini ETF' of DPA beneficiaries as 'Only producer of electrical steel in America'.

Long $CLF — selling off on earnings as expected; dip will be bought; grind up to $13.5-$15.

Currently holding CLF long as part of portfolio; YTD gains back to just under 27%.

CLF Q1 2026 earnings April 20: three catalysts being watched. Slab contract with ArcelorMittal termination = $500M annualized EBITDA. HRC spot at $1,051/ton vs internal production cost $480-500/ton.

Cleveland Cliffs CLF has gotten even cheaper trading at $8.4. Transformers are key bottleneck (sold out production lines) in AI buildout, and Grain Oriented Electrical Steel is required in the heart of every transformer.

Released investment thesis on CLF Cleveland-Cliffs. Outlines hidden bottleneck of Grain Oriented Electrical Steel (GOES), key material for transformers which can't be made fast enough for data center driven demand.