BUY Conviction3/5 Analysis quality65/100 now
The YouTuber recommends the VANX Steel ETF (SLX) due to potential government support for the steel industry, driven by a focus on manufacturing and shipbuilding. He notes the US government's 'golden share' in US Steel and the ETF's significant exposure to US-based steel companies, which could benefit from this national security priority.
“Now, there's not a specific steel stock I'm watching, but this government support could mean returns continue for the SLX, the VANX Steel ETF, up 45% this year already.”