Algoma Steel Group Inc (ASTL.TO) Buy, Sell or…

Home

Daily Stock Opinions and Ratings

Algoma Steel Group Inc (ASTL.TO)

5.92

+0.53 (9.83%)

as of Aug 4, 2026, 8:00:01 pm Market Open.

88 watching

Investor Insights

Aug 4, 2026, 12:00 am

This summary was created by AI, based on 4 opinions in the last 12 months.

Algoma Steel Group Inc (ASTL-T) has garnered a mix of opinions from experts. Some view it as a speculative investment, especially with uncertainties surrounding the USMCA renewal and potential tariff adjustments. There's recognition of the recent all-time high in the ETF sector, suggesting some positive movements, though individual performance raises concerns. One analyst highlights the tough business outlook for ASTL, but finds interest in companies during such challenging times. Overall, the steel sector remains intriguing, yet ASTL is not considered a top choice among its peers, prompting a cautious stance from advisors.

Consensus

Mixed

Valuation

Uncertain

Similar

Nucor, NUE

HOLD

This monstrous steel market is going to continue.

HOLD

Major steel shortage problems around the world have pushed up the steel stocks. This stock is in a spike uptrend and is dangerous to buy at this time. If you own, use a stop/loss.

BUY

Steel is cyclical. Has been a very consistant mover. Pricing of steel has stayed strong and capacity is tight. Relatively cheap compared to some of its competitors.

PAST TOP PICK

(A Top Pick Aug 6/04. Up 92%.) Took some profit.

DON'T BUY

Avoid. The business seems to continually go back into bankruptcy.

WEAK BUY

Low price/earnings ratio. A high cost producer, so in a high steel cycle it will make lots of money, but when the price of steel drops, it has losses. OK for short term.

DON'T BUY

Steel prices have been stronger much longer than he expected. Feels its at a peak now.

HOLD

Report of another stunningly good quarter is due Nov 2. Building up cash at a rapid rate. Will possibly pay out a special dividend. May want to take some cash off the table.

BUY

Trading around 3/4 X earnings. Highly levered to the price of steel. Has had a tremendous run. Prefers a larger cap stock such as Ipsco which also has the prospects of the large diameter pipe. As long as steel prices stay up, it is very attractive.

SELL

The amazing bull steel market may run out of steam. Be cautious. May want to sell profit.

WEAK BUY

Should do OK. Prefers Dofasco. Don't put a lot of money into it.

DON'T BUY

Company has had phenomenal earnings. Steel prices have been at record levels. All the easy money has been made.

TOP PICK

New management. Lagging other steel companies. Reported record numbers. Net debt free. They are going to cash flow over $10 a share.

WEAK BUY

Is still sector has been one of the strongest sectors. Would prefer Dofasco and Ipsco. Doesn't feel steel prices are sustainable but the pressure could continue for a while.

BUY

Likes the steel industry but this stock is not very actively traded. Easier for the individual investor to own.

Showing 61 to 75 of 121 entries

Most Recent Experts

Mike Vinokur, CFA, CMT, and CFP

Propellus Wealth Partners/iA Private Wealth

The Panic-Proof Portfolio (Stockchase Research)

Stockchase Premium

Jim Cramer - Mad Money

CNBC

The Monthly Gems by Allan Tong

Stockchase

Amy Raskin, CIO, Chevy Chase Trust

Chevy Chase Trust

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Algoma Steel Group Inc (ASTL.TO)