DOL.TO 1.05CRCL 0CLS.TO 49.22ZGI.TO -0.74XMW.TO 0.11XMU.TO 0.21MSFT 23.25
Daily Stock Opinions and Ratings
Stockchase Opinions

David BaskinDofascoDFS.TOBUY ON WEAKNESSApr 21, 2005

Had a tremedous run for a couple of years as steel prices went up. People thinks that steel prices are going to come down, faced with very high coal costs, high iron ore imput costs and increasing competition. However, this is the best North American steel company, good balance sheet, pays a nice high dividend. Big exposure to the auto sector. Stock could drop another 15%.
David BaskinDavid Baskin
No
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$34.23

Stock price when the opinion was issued

steel
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SELL

Dofasco(DFS.TO)

Jan 24, 2006
Being acquired and the price is so high, that if you own, you have to take the cash. If you want to be in steel, there will probably be another steel stock that would be a better buy.
Photo of Bruce Campbell (1)Bruce Campbell (1)Unlock Rating
$70.52

Stock price when the opinion was issued

steel
SELL

Dofasco(DFS.TO)

Jan 17, 2006
Being acquired. He would consider selling it as the bidding war it is getting kind of crazy.
Photo of Brian Acker, CABrian Acker, CA
No
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$72.45

Stock price when the opinion was issued

steel
DON'T BUY

Dofasco(DFS.TO)

Sep 08, 2005
Fully priced. Dividend makes it look attractive but the ability to grow profits, given the softness in steel, makes it pretty expensive at this price.
Photo of David BaskinDavid Baskin
No
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$46.97

Stock price when the opinion was issued

steel
WEAK BUY

Dofasco(DFS.TO)

Aug 11, 2005
Steel companies have really cleaned up their balance sheets with the high price of steel. This company has a nice healthy yield. The issue with them is that their steel gets used in autos, so when autos pull back, this one will too. Trading at a little under 10 X earnings so a slowdown is already priced in. Not sure of how much upside there is.
Photo of Gordon Higgins, CA, MBAGordon Higgins, CA, MBAUnlock Rating
$41.10

Stock price when the opinion was issued

steel
DON'T BUY

Dofasco(DFS.TO)

Jun 16, 2005
Was looking at the steel industry, but missed its pull back, so didn't catch its bounce. After a rise of 25%, he's not going to chase it.
Photo of Ross HealyRoss Healy
No
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$39.76

Stock price when the opinion was issued

steel
WEAK BUY

Dofasco(DFS.TO)

Jun 15, 2005
Admires the company. They have done a good job of managing. Likes the argument that their is going to be great demand over the next several years from developing countries. Not sure if its a compelling Buy at these levels, but a very good company.
Photo of Bob StodgellBob Stodgell
No
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$39.30

Stock price when the opinion was issued

steel
DON'T BUY

Dofasco(DFS.TO)

May 12, 2005
This one really represents the market's opinion on where steel prices are going. Chinese have been big buyers of steel, but are now producing and will be exporting it. They also produce a lot of the steel that is used in the auto industry.
Photo of David CockfieldDavid Cockfield
Owned
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$32.25

Stock price when the opinion was issued

steel
DON'T BUY

Dofasco(DFS.TO)

Apr 13, 2005
One of the highest quality steel company in North America. Dividend is safe. Steel prices have probably peaked here for awhile and the momentum's gone off. Wait until they stop correcting. If you own, Hold.
Photo of Norman LevineNorman Levine
No
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$34.64

Stock price when the opinion was issued

steel
WATCH

Dofasco(DFS.TO)

Apr 11, 2005
Broke out from its 15 year trading range at $34, but is now below its 200 day. Had a negative technical break which was very surprising because steel stocks historically have done well. Probably some kind of negative news that is waiting in the wings to happen When the news is announced, this 1/4 or next, the stock should have a recovery rally to $40 and at that time would sell.
Photo of Ron MeiselsRon Meisels
No
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$34.84

Stock price when the opinion was issued

steel
BUY

Dofasco(DFS.TO)

Apr 04, 2005
Steel stocks have been exceptionally strong in the last couple of years. There is a real mixed message in the sector with regards to China. Will they need steel or will they do their own production and exporting? Prefers Ipsco (IPS-T) because they make steel for the oil/gas industry. Should be OK, but you will have to watch it.
Photo of John Sinkins, CFAJohn Sinkins, CFA
No
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$35.70

Stock price when the opinion was issued

steel
TRADE

Dofasco(DFS.TO)

Mar 29, 2005
Looking hard at this one because it has come off so much. Very attractive dividend. The question is, what's going to happen to the steel market. China is producing more steel and might become a net exporter. US car market also impacts them.
Photo of David BaskinDavid Baskin
No
Unlock Rating
$35.70

Stock price when the opinion was issued

steel
DON'T BUY

Dofasco(DFS.TO)

Mar 21, 2005
The drop in this stock is because they are a big supplier to the auto industry. Also, China produces the same kind of steel and their production has been rising. A very good company. Probably went up too far too fast. A little concerned about the steel sector as a whole because China is bringing a lot of capacity on line.
Photo of Martin Hubbes, CFAMartin Hubbes, CFA
No
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$35.28

Stock price when the opinion was issued

steel
BUY

Dofasco(DFS.TO)

Mar 16, 2005
The premier steel company in North America to own. Took a drop as it had goten ahead of itself.
Photo of Norman LevineNorman Levine
No
Unlock Rating
$36.92

Stock price when the opinion was issued

steel
TRADE

Dofasco(DFS.TO)

Feb 10, 2005
A lot of divergance is happening in the steel industry. Steel went into an all time high Feb 9 and yet this company broke a key support level just a few days ago after reporting very strong results. What had happened is that the stock moved up in anticipation of the earnings report. Once the report came out, sold off.
Photo of Don VialouxDon Vialoux
No
Unlock Rating
$39.10

Stock price when the opinion was issued

steel

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