Thompson Creek Metals (TCM.TO) Buy, Sell or…

Thompson Creek Metals (TCM.TO)

0.00

-0.00 (0.00%)

28 watching

BUY

Molybdenum is needed for hardening of steel. Prices have started to head higher again. Big demand from China. This is the purest play in Canada.

COMMENT

This is playing into the whole theme of how stable are commodity prices currently. Has been hit with a pullback in commodities in the last few days. Has very good sponsorship. Still too expensive for him.

BUY

Molybdenum producer. Not a lot of ways to play moly and this is one of the best producers. Molybdenum prices have started to rise in the last few months.

BUY

Future outlook for molybdenum will be directly linked to the outlook for steel. Expecting North American recovery to be flat and some of these stocks are running ahead of themselves. However, his FMV calculation for this company is good and it looks like it could give you some more.

PAST TOP PICK

(A Top Pick Nov 10/09. No change.) Molybdenum producer. Moly prices have moved up. China is exporting a significant amount of steel at elevated levels, which will create higher demands. Still a buy.

COMMENT

Molybdenum. The prices have been rising but have now started to flatten out. Moly prices will only continue to go up if the economy continues to improve. Strictly an economic play.

DON'T BUY

Main producer of molybdenum. Problem with a minor metal is that when it goes down, it does so quickly. Stock is priced as though the metal will be going up, but it hasn’t yet.

BUY

(Market Call Minute) Lots of upside.

BUY

Direct play on molybdenum, whose prices have started to move a little higher. Starting to look like a good entry point. Has lagged the metal names in general. China has become a net importer again.

BUY

Purest play on molybdenum. A core holding. Strong balance sheet and good cash holdings. Thinks the steel market looks better going forward.

BUY

Molybdenum is a weird market so be cautious but he thinks it is close to an uptick. Likes to Trade this one. Cash flow will be huge when moly prices recover. Some great projects and exploration projects.

WATCH

(Market Call Minute.) Molybdenum. One of the best base metal companies in Canada but the stock is not trading that great right now so watch to make sure that it doesn't continue to break down.

TOP PICK

Largest molybdenum producer. Great balance sheet, no debt and almost $4 a share in cash. Low mining costs. Great resources. Moly prices have been depressed recently but Chinese steel demand is still robust.

DON'T BUY

Molybdenum was a great play about 1.5 years ago and is still very interesting. Trading at 7.7X forward earnings but technically has dropped below the 50-day moving average and is moving towards the 200-day moving average.

PARTIAL BUY

Molybdenum, which he thinks will go higher in the next 1 to 2 years. Pretty good production profile going forward. At these levels he would start accumulating.

Showing 76 to 90 of 138 entries

Most Recent Experts

Joe Terranova

Virtus Investment Partners

Stephen Weiss, Founder, Short Hills Capital Partners

Short Hills Capital Partners

Rob Sechan, Managing Partner, New Edge Capital

New Edge Capital

Gordon Reid

GoodReid Investment Counsel

Jim Cramer - Mad Money

CNBC

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].

Summer Sale

Thompson Creek Metals (TCM.TO)