Stelco Inc (STE.TO)
Financials 
Technical Analysis 0
BUY ON WEAKNESS
STRONG BUY
Really likes it and is a long position. Has multiple characteristics he likes. Strong price momentum, valuation is standout. Cheapest stocks on the TSX with high return on equity. trades at 6x cashflow. 3x price to earnings. Very low multiples.
Jason MannOwned
steel
HOLD
Daily volatility is because there isn't much of a float. Prices are not sustainable at these levels. Looking at lower earnings in 2022. Be wary of buying near the top of the pricing cycle. He hasn't been adding here.
John ZechnerOwned
steel
BUY
It should benefit from the free trade agreement. Steel prices have been firming up in Asia. It would have been a prime tax loss selling candidate.
James HodginsOwned
steel
BUY
Private equity rescued it from bankruptcy. Steel prices came off in late-2018 vbut have rebounded. Just announced positive earnings and a special dividend. Strong balance sheet. Prem Watsa has also come into Stelco. This should do well until the next recession.
Jamie Murray Owned
steel
COMMENT
With all the building that is going on, they are doing fairly well after the reorganization. This question would be, if things slow down, particularly in the automotive industry, how well are the steel stocks likely to do? On the positive side, there is a great deal of consolidation on the steel side globally and this could be on some radar screens.
steel
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Stelco Inc (STE.TO) Frequently Asked Questions
What is Stelco Inc stock symbol?
Stelco Inc is a OTC stock, trading under the symbol STE.TO (previously STE-T on Stockchase) on the (). It is usually referred to as or STE.TO
Is Stelco Inc a buy or a sell?
In the last year, there was no coverage of Stelco Inc published on Stockchase.
Is Stelco Inc a good investment or a top pick?
Stelco Inc was recommended as a Top Pick by Michael Sprung on 2007-01-05. Read the latest stock experts ratings for Stelco Inc.
Why is Stelco Inc stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for help on deciding if you should buy, sell or hold the stock.
Is Stelco Inc worth watching?
0 stock analysts on Stockchase covered Stelco Inc in the last year. It is a trending stock that is worth watching.
Does not own shares currently. Surprised how well share price has performed lately. Demand for products fairly high - suspects profits are strong. Current price is high - would wait to buy on weakness.