US Steel (X) has seen some of the biggest declines of any stock during this bear market, falling from a closing high of $191.96 on June 25th to a low of $20.97 on November 20th. But President-elect Obama's new infrastructure plans have given a boost to construction and materials companies like US Steel, and as shown below, the stock rallied 25% yesterday. US Steel has one of the lowest P/E ratios of any stock in the S&P 500, and it got down to 1.4 just a few days ago. After rallying $7.34 yesterday, its P/E went from 1.62 to 2.02.
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