Teck Resources Ltd. (B) (TECK.B.TO)

Key asset is growth in China, with 50% of their business selling coking coal across Asia, but their marginal price is set by China. There've been strong prices lately as China cuts back on its own coking coal production to reduce pollution. Teck will do fine short term.

Technically he thinks key support near $28 must hold. He thinks we are in an up channel presently, but that would end if it fails to hold key support.

We are late in the cycle here. The US dollar is sliding. This should be good for these companies. They had a good move over the last year and a half. The environment should continue to be good for these guys but a recession is just around the corner. It is a good idea if you are looking for this exposure in your portfolio.

He says this is a buy. He would own this for the long term. Coal is not going away according to President Trump. They will be spending $2 billion in capital plays and it trades at multiples that are discount to the peer group. An explosion, or pressure event, was rumoured to cut their coal production but not as much as the 87-89% the market expected at the specific project.

He's not a big owner of resources, but this is a good company with a fine balance sheet and cash flow that they will give back to shareholders through buybacks and dividend increases.

He is concerned about commodity stocks getting obliterated if a recession comes. He would be very cautious trading it here, maybe buying some dips.

Zinc, Copper commodities did well this year. You have to make a call on Met coal, however, with this stock. If the price stays where it is then the stock is a screaming buy. But he sees the coal price coming off. China may restrict imports.

It is starting to go back up. Met coal prices are settling in. Zinc is at a multiyear high. Copper looks to be the commodity of the next few years. All their areas are looking bullish so the stock should inch higher.

They've done well recently due to better pricing of coal. Compared to their peers, Tech's multiplies are a little high. If it corrects 10-15% then step in, but be cautious for now.

He likes it. Very volatile. Could be extreme acceleration above the 38 dollars level. If the market cannot handle higher rates in these space is where you will see it first. (Analysts’ price target is $41)

Strong fundemantals. Cyclical stock, so currently in favour with world demand for resources (copper. zinc). Improving ROIC strongly tied to stock price. ROIC has risen from 1% two years ago to 7% now. Valuation good.

Doesn’t own it. With worldwide growth, it hit a run. If it pulls back, they would take a look at it.

Previously, he’d been unhappy this had not managed to break out of its downward channel, but it finally did. When that happened, it changed the picture from bearish to bullish, and is now on its way to go to higher prices.

You would think with a global expansion for a year or so that commodity stocks would be doing better. They are not just yet. The focus is industrials and technology. If the expansion continues you should see scarcity in resources and pries should improve.

When looking at the material side of things, we are getting into the mid-to late stages of the cycle where materials really start to move. When looking at emerging markets, demand is increasing for steel and metallurgical coal, which is going to help a company like this. If you see a decent pullback to $32-$33, it’s a name he would start to consider.