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Showing 1 to 15 of 238 entries
RISKY BUY
A trade, not a long-term hold. Steel is wildly cyclical. Has gone bankrupt at least twice and finds ways to get into trouble pretty reliably. Steel prices are very high right now, so you're looking at a maximum of 1-1.5 years of good times.
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.
steel
PARTIAL BUY
Recently risen from the ashes. Thematically, this is the type of thing you want to own this year. However, it's something to own for the good times and not for a long time as a commodity producer. It will pullback when the commodity prices drop.
steel
PARTIAL BUY
A Canadian steel producer that emerged from bankruptcy about 5 years ago and went public again in 2017. A well run company in a cyclical sector. With a longer term view in mind, you could begin to buy in again here. But know that it could get worse before it gets better.
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.
steel
DON'T BUY
Just came out of its bankruptcy. You should not hold a stock for the special dividend because when it is declared, the stock adjusts. It is the end of the seasonal period for metals and mining stocks. We should be very cautious with this stock.
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.
steel
SELL
A crummy company. They cannot make money. Fundamentally, it's not a good story.
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
DON'T BUY
Looking at the structure of the company coming out of bankruptcy, there is still a lot of risks in the stock. Their cost structure has not been completely brought under control.
steel
DON'T BUY
As long as everything continues on the wave that it is this could be a buy. However, this is not cheap and you are nearing the end of the economic cycle.
steel
DON'T BUY
It’s going to be worthless.
steel
WATCH
In bankruptcy. Going in the wrong direction. They might restructure and it might work, but watch and wait to see how things come out.
steel
DON'T BUY
Speculation here.
steel
DON'T BUY
Basically finished at this point.
steel
Showing 1 to 15 of 238 entries

Stelco Inc(STE-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 3

Stockchase rating for Stelco Inc is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Stelco Inc(STE-T) Frequently Asked Questions

What is Stelco Inc stock symbol?

Stelco Inc is a OTC stock, trading under the symbol STE-T on the (). It is usually referred to as or STE-T

Is Stelco Inc a buy or a sell?

In the last year, 3 stock analysts published opinions about STE-T. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Stelco Inc.

Is Stelco Inc a good investment or a top pick?

Stelco Inc was recommended as a Top Pick by on . 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?

3 stock analysts on Stockchase covered Stelco Inc In the last year. It is a trending stock that is worth watching.

What is Stelco Inc stock price?

On , Stelco Inc (STE-T) stock closed at a price of $.