Daily Stock Opinions and Ratings

Wealthica The ultimate 360° Tracker Your financial life in one place, automatically

Opinions

Scott Morrison Breakwater Resources BWR-T BUY Jan 14, 2005

Zinc has been lagging the rest of the commodities. Reports indicate that China will be a net importer of zinc as opposed to a net exporter by the end of this year. This company should be a good way to play this commodity.

Scott Morrison

Unlock Rating

$0.560

Stock price when the opinion was issued

metal mines

It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

Get Signals Create your Watchlist

You might be interested:

BUY

(Market Call Minute.) Good stock to own.

COMMENT

3 Year chart doesn’t show anything untoward. RSI is a little bit high but STOCH (Stochastics) is pretty slack. See any reason why it would break down from here.

COMMENT

Good leverage to zinc prices, which have been doing quite well. Wouldn't be surprised to see a pullback in global commodity prices. That might hurt them in the short term but if commodity prices are sustainable there is a lot of upside.

BUY

Play on zinc. Has put in a base since ’09 and there was break out recently. A good stock and performed extremely well and expects it to continue. Nov 19 into January, metals and mines do well. Looking for it to pull up from here.

SHORT

Largely lead and zinc and both commodities have been screaming higher on Chinese demand. He would be taking profits. He is Short.

BUY

Trading a little over 6X current earnings. Chart shows a breakout in the last little while. Close to the 50 day moving average of around $5, which is were it has support. Use a stop-loss near $5.

BUY

Has one of the highest percentages of zinc production. Fundamentals for zinc, as with most commodities, are positive.

WAIT

Solid performer, but earnings are expected to go down from 1.28 to 1.01. Appears to be cheap. 5.5 times PE and 18% ROE. Good opportunities for zinc. Overall, steel will be quite good for the next 12 months. Hopefully BWR will bottom out in the next 2 months.

WAIT

Primarily a zinc producer. Zinc is used in galvanizing steel to prevent it rusting. Also duct work. Very liked to auto and construction industry. Dependent on China. There is a lot of zinc mines in the world but many people think it will be in a deficit position in 2013

COMMENT

Being acquired and thinks the deal will go through. If you own, tender into the takeover bid.

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 : hello@stockchase.com.

Scott Morrison Breakwater Resources BWR-T BUY Jan 14, 2005

You might be interested:

Breakwater Resources(BWR-T)

Breakwater Resources(BWR-T)

Breakwater Resources(BWR-T)

Breakwater Resources(BWR-T)

Breakwater Resources(BWR-T)

Breakwater Resources(BWR-T)

Breakwater Resources(BWR-T)

Breakwater Resources(BWR-T)

Breakwater Resources(BWR-T)

Breakwater Resources(BWR-T)

Latest Buy Signals

Today's Top Picks

Popular Articles

Latest Sell Signals

Most Recent Experts

Brian Madden

The Panic-Proof Portfolio (Stockchase Research)

The Weekly Buzzing Stocks by Billy Kawasaki

Kim Bolton

Stockchase Insights