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
BUY
Missed their earnings but only because they didn’t sell their entire inventory in the quarter so ended up with excess inventory. This is a great entry point. Coal and copper are still very strong.
DON'T BUY
Disappointed in earnings last week and took about a 10% hit. Not cheap at this point. Prefers Sherritt (S-T), which gives you coal and nickel. Trades at about 25% discount to its NAV. while Teck trades at a premium.
WAIT
Would be a bit cautious short term, but ok longer term. You are seeing some weakness in the emerging markets. You should be seeing some profit taking. It is a great story and he would buy it in the low $50s.
PAST TOP PICK
(A Top Pick Feb 10/10. Up 64.92%.) Expecting good upside on coal and copper. Any time it’s under $60 is a good time to start acquiring.
BUY
Large exposure to metallurgical coal and copper, which are in really good shape. Pull back yesterday was disappointment on volumes on coal and some of the realizations on prices. A Buying opportunity.
BUY ON WEAKNESS
Would like to get it at 5%+ lower levels. When looking at a resource stock you have to look out 3 years, take a look at the growth in developing nations for population, food requirements, etc. Likes it long term.
COMMENT
Had a 10% correction this year. Short term momentum indicators are way oversold right now and are setting up for a point of entry. Mainly zinc, copper and coal and seasonally these 3 all turn positive around the end of January.
HOLD
Has dropped in the correction. A lot of people have significant capital gains built into this so there could be profit taking. Well run. Quite a bit of production loss on Australia coal so the coal side is very positive and the metals side remains OK as well. If it dropped close to $50, he would be a Buyer.
BUY ON WEAKNESS
Likes this for the medium to longer term but it will be very volatile. Has had a tremendous move. Recently announced that coal production will be down a little but should be offset because of weather conditions in Australia. Would take advantage of price dips.
TOP PICK
(A Top Pick Feb 20/10. Up 82.73%.) Sees a lot of upside over the next 10 years.
BUY
Ranks in the top 10% of his ranking system. Produces met coal and copper, which are in strong demand.
HOLD
Has had a big run but wouldn’t want to be chasing at this price. The only major mining company left in Canada. Will benefit from the growing global economy.
BUY ON WEAKNESS
Quality Canadian name, good core holding. Flirted with being insolvent in the credit crisis. Re-initiated a small dividend again. Can it go further – yes. Momentum could certainly carry it higher. Firing on all cylinders. Not cheap valuation-wise. If you are short-term trader, there is some momentum still in there but if long-term, perhaps wait for a pull back (5-10%).
BUY ON WEAKNESS
A good company. Nervous in the near term. China is the big demand driver for coal and Teck is vulnerable to this with China cutting back. In 3 years he thinks they will see a big drop in demand.
PARTIAL SELL
Has been a very good sector. Has just started to roll over. If you own, you could start taking partial profits. Could probably pick it up at $51-$52 again.
Showing 931 to 945 of 1,728 entries