SOURCE: Bollinger Report

May 18, 2012 09:00 ET

A Forward Look, The Year Ahead - Featured Research on Gerdau SA (ADR) and POSCO (ADR)

HONG KONG--(Marketwire - May 18, 2012) - Today, introduced featured coverage of Gerdau SA (ADR) (NYSE: GGB) and POSCO (ADR) (NYSE: PKX). Full research reports are available to readers at:

Economic fundamentals leading into 2012 have set a generally positive pace with GDP growth likely to pick up through the coming year. However, there are several important caveats to note as the world economy continues to face headwinds and risks weigh to the downside. Positive outlooks are conditional on fiscal policy in payroll taxes and unemployment insurance benefits and upon the easing of the European debt situation. A repeat of volatility experience in 2011 is likely in 2012, as perceptions about the strength of the U.S. economy and the euro zone will vary over time as events unfold.

Despite the current situation, our team continues to identify high momentum situations with growth potential -- there remains strong opportunity within careful discretion.

Bollinger Report screened and selected Gerdau SA (ADR) for its current position within the basic materials industry. Gerdau SA (formerly Companhia Siderurgica da Guanabara - Cosigua) is a Brazil-based holding company engaged in the manufacture and sale of steel products. A copy of this report featuring Gerdau SA (ADR) (NYSE: GGB) is available at:

Bollinger Report is featuring POSCO (ADR) for its changing role within the basic materials industry. POSCO is a Korea-based company engaged in the manufacture of steel products. Its products include hot rolled steels, steel plates, wire rods, cold rolled steels, galvanized steels, electrical galvanized steels, stainless steels and others. Its products are used in ships, automobiles, consumer electronics, machine structures, general structures and others. To download researches and analysis on POSCO (ADR) (NYSE: PKX) we welcome investors to visit:

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