Bat Like The Babe, Swing For The Fences

  • Date: 17-Dec-2020
  • Source: Forbes
  • Sector:Economy
  • Country:Middle East
  • Who else needs to know?

Bat Like The Babe, Swing For The Fences

Babe Ruth in Yankee Stadium, 1927. (Photo by Mark Rucker/Transcendental Graphics, Getty Images)



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Zing, zing, zing went my heartstrings as I watched U.S. Steel bound up 10% intraday - without me involved. So another $5 number burst into double digits, following General Electric



GE

, Macy's



M

and Alcoa



AA

. Plenty of $10 stocks pushing into the twenties. Underline American Airlines



AAL

, Halliburton



HAL

, Occidental Petroleum



OXY

and Enterprise Products Partners



EPD

.

General Electric at its low showed a market capitalization in the $50 billion range. Now it's pushing $100 billion, but still pretty much ignored. Not again a “polite” institutional piece of paper. Freeport-McMoRan



FCX

takes the cake with a range this year from under five bucks now in mid-twenties. Demand for copper in China is on the rise, a leading indicator for this pretty's earnings power. Perhaps, in the range of $2