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Bonds on Sale at Buffett's Favorite Steel Company

Korean steelmaker Posco's bonds look like a bargain at today's prices, say Morningstar's Dan Rohr and Bridget Freas.

Mentioned:

Jeremy Glaser: For Morningstar, I'm Jeremy Glaser. Ahead of the Berkshire Hathaway Annual Meeting, we thought we'd take a look at Warren Buffett's favorite steel company. I am here with analysts Dan Rohr and Bridget Freas to take a look at Posco and see if its bonds are attractive. Thanks for joining me today.

Bridget Freas: Thank you.

Jeremy Glaser does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.