TSE:TECK.B

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

85.38
+1.45 (1.73%)
as of Nov 6, 2026, 9:00:00 pm Market Closed.
552 watching
0
PAST TOP PICK
(Top Pick Jan 13/11, Down 32.25%) Out performed base metals. Likes the exposure to copper and the zinc exposure.
DON'T BUY
The commodity complex is a little bit under pressure at this time. The growth phase of the economy at this time, he wouldn't be concentrating exposure to it.
BUY ON WEAKNESS
Chart shows a downward trend line from early 2011, which has just been broken. He is hoping to Buy this on a bit of a pull back at around $35-$36 range. Well managed company.
COMMENT
Balance sheet is improving. Bullish on the company long-term but over the next 3 to 6 months we could see some trouble in steel output from China, which could affect some coking coal. With Europe slowing down and China being their biggest exporter, they could see trouble here but he would expect it to snap right back. They could earn $4.50-$5.50 a share depending on commodities but that is a cheap valuation. If you are a patient investor, this would be the time to buy. If you are a trader, he would stay away
BUY
(Market Call Minute.) Nice wide variety of different materials as well as coal. Making higher lows.
BUY
Well diversified, likes it. Silver birch asset will be positive. Net coal expansion and copper prices may turn around.
DON'T BUY
Stock has been under a lot of pressure and he has been looking at it recently. There has been a slowing of the economy with weak copper prices. Coal has been strong but there have recently been threats of renegotiating lower prices. All the resource-based companies have had a correction. If it got down to the low, low $30 on a real scare he might be interested.
DON'T BUY
A wonderful company that gives you great access to a number of different resources. Well-managed and great operators. Cdn$ and Australian$ have been weak against the US$. There are a number of groups, including the metals, in the TSX that have yet to turn.
COMMENT
His model price is $70.44, and 83% positive differential. He can see it in the short term going to the $45-$46 level. You could flip a coin on this one and it all depends on what happens in Europe.
COMMENT
Pretty cheap. On his watch list. It might be something that if he gets more confident he could come to although he already has BHP Billiton (BH-N).
TOP PICK
He likes coal and copper and finds zinc an interesting additional asset. Balance sheet has been improved. Generating oodles of cash. Raised their dividend in the 4th quarter. In terms of current copper prices, they have a lot more room to return cash to shareholders. 2.2% yield.
BUY
Copper and Copper stocks are about to enter into season strength. This year it looks like the sector is getting lined up. Now it is going to be one of the strongest sectors. Copper inventories are now lower than usual. Copper has bottomed and has started on its seasonal trend. This didn’t happen in 2011. Could be an interesting trade between now and May.
COMMENT
Likes it and think there is going to be an opportunity to take a trade on what he owns. This falls back into the Asian growth prospect. Relatively cheap on most fundamental metrics.
TOP PICK
Trading at almost half of its high for the year. He supposes that if Chinese growth falls to zero, demand for coal will probably go down along with the prices for coal and zinc. Chinese growth going from 9% per year to 8% per year is not a justification for knocking the price of this stock to half. Vastly oversold and is probably worth $60 today. Dividend yield of 2.3%.
BUY
One of his favourites. Fits into the long-term theme of Canada providing resources to developing nations. Feels that China will have a soft landing.
Showing 826 to 840 of 1,728 entries