Teck Resources Ltd. (B)

TECK.B-T

TSE:TECK.B

21.19
0.49 (2.37%)
Teck Resources Limited known as Teck Cominco until late 2008, is a Canadian metals and mining company. Canada's largest diversified resources company, it was formed from the amalgamation of Teck and Cominco in 2001.
More at Wikipedia

Analysis and Opinions about TECK.B-T

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
November 22, 2019

A stock you could own, but he thinks copper prices are due for an adjustment. It’s going to trade based on how trade goes and the relationship with China. He thinks it will improve over time, but it is highly cyclical and sensitive to economic growth. He would treat it as a trade rather than a long term hold.

A stock you could own, but he thinks copper prices are due for an adjustment. It’s going to trade based on how trade goes and the relationship with China. He thinks it will improve over time, but it is highly cyclical and sensitive to economic growth. He would treat it as a trade rather than a long term hold.

John O'Connell, CFA
Chairman and CEO, Davis Rea
Price
$20.830
Owned
No
PAST TOP PICK
PAST TOP PICK
November 6, 2019
(A Top Pick Nov 06/18, Down 18%) He got "Trumped" on this one. The company is solid, despite the trade war issues. It will bounce back if the trade deal gets signed. China is the main market for this. He will continue to hold it.
(A Top Pick Nov 06/18, Down 18%) He got "Trumped" on this one. The company is solid, despite the trade war issues. It will bounce back if the trade deal gets signed. China is the main market for this. He will continue to hold it.
Rick Stuchberry
Portfolio Manager, Wellington-Altus Private Wealth
Price
$22.820
Owned
Yes
DON'T BUY
DON'T BUY
October 28, 2019
He has an issue with the space. Given the long term picture, is this something you want to invest in? It made nobody any money in the last decade. It is not investible in his mind. It is only tradable. Maybe at the 2016 low it could be a buy but not now.
He has an issue with the space. Given the long term picture, is this something you want to invest in? It made nobody any money in the last decade. It is not investible in his mind. It is only tradable. Maybe at the 2016 low it could be a buy but not now.
Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc.
Price
$21.800
Owned
Unknown
WATCH
WATCH
October 22, 2019
All commodity stocks feel the trade war's impact. Teck has become a lot more dependent on coal. They also feel pressure on commodities and the general economic slowdown. It trades at a good 3-4x multiple. Doesn't pay a dividend; maybe they want to deploy capital elsewhere which is fine. You can consider this, though wishes it was a little cheaper. Around $20, you can make money on this for the next few years.
All commodity stocks feel the trade war's impact. Teck has become a lot more dependent on coal. They also feel pressure on commodities and the general economic slowdown. It trades at a good 3-4x multiple. Doesn't pay a dividend; maybe they want to deploy capital elsewhere which is fine. You can consider this, though wishes it was a little cheaper. Around $20, you can make money on this for the next few years.
Michael Sprung
President, Sprung Investment Management
Price
$0.000
Owned
Unknown
TOP PICK
TOP PICK
October 18, 2019
An example of where past support in 2017 is making this low risk. An excellent balance sheet and improving operational metrics. He thinks it is difficult for competitors to bring on new copper production. A break below $19.25 on a month or weekly basis would mean bigger problems are coming. Yield 0.91%. (Analysts’ price target is $34.75)
An example of where past support in 2017 is making this low risk. An excellent balance sheet and improving operational metrics. He thinks it is difficult for competitors to bring on new copper production. A break below $19.25 on a month or weekly basis would mean bigger problems are coming. Yield 0.91%. (Analysts’ price target is $34.75)
Hap (Robert) Sneddon FCSI
Chief Portfolio Manager & Founder, Castlemoore Inc.
Price
$21.620
Owned
Yes
DON'T BUY
DON'T BUY
October 9, 2019
Outlook depends on global growth which as been decelerating. Teck is paying off its debt though. She holds very few cyclicals, including mining. She won't touch base metals until the global economy improves. We're late in the cycle.
Outlook depends on global growth which as been decelerating. Teck is paying off its debt though. She holds very few cyclicals, including mining. She won't touch base metals until the global economy improves. We're late in the cycle.
Christine Poole
CEO & Managing Director, GlobeInvest Capital Management
Price
$19.780
Owned
No
DON'T BUY
DON'T BUY
September 23, 2019
It's had a wild ride. He doesn't follow them. The market has under-invested in energy. You can do worse than Teck.
It's had a wild ride. He doesn't follow them. The market has under-invested in energy. You can do worse than Teck.
Jason Del Vicario
Portfolio Manager, HollisWealth
Price
$22.610
Owned
No
COMMENT
COMMENT
September 20, 2019
Trade tensions have impacted base metals, where this company is tied to iron ore. It would do well when a trade deal is struck with China. There is starting to become some speculation in the copper area. But since many of the shares are privately held, they will still be a laggard if speculation takes hold in the space.
Trade tensions have impacted base metals, where this company is tied to iron ore. It would do well when a trade deal is struck with China. There is starting to become some speculation in the copper area. But since many of the shares are privately held, they will still be a laggard if speculation takes hold in the space.
Bruce Campbell (1)
President, Campbell and Lee InvMngmnt
Price
$23.040
Owned
Unknown
DON'T BUY
DON'T BUY
September 16, 2019

Sell it and buy Microsoft. The problem is that the global industry, which buys their coal, is slowing. The price could fall, facing competitive pricing from Australia which could flood the world with it. Be cautious here.

Sell it and buy Microsoft. The problem is that the global industry, which buys their coal, is slowing. The price could fall, facing competitive pricing from Australia which could flood the world with it. Be cautious here.

Bruce Murray
CEO & Chief Investment Officer, The Murray Wealth Group
Price
$24.840
Owned
No
PAST TOP PICK
PAST TOP PICK
September 12, 2019
(A Top Pick Mar 22/19, Down 17%) He still likes this one. It has come up immensely since the bottom. He was expecting the rotation from growth to value that we are seeing now, back then. See his Top Picks today.
(A Top Pick Mar 22/19, Down 17%) He still likes this one. It has come up immensely since the bottom. He was expecting the rotation from growth to value that we are seeing now, back then. See his Top Picks today.
Hap (Robert) Sneddon FCSI
Chief Portfolio Manager & Founder, Castlemoore Inc.
Price
$25.070
Owned
Yes
TOP PICK
TOP PICK
September 12, 2019
The downside is better encapsulated here than when he first recommended it in March. It is a really good entry point. They have a fantastic balance sheet. (Analysts’ price target is $37.31)
The downside is better encapsulated here than when he first recommended it in March. It is a really good entry point. They have a fantastic balance sheet. (Analysts’ price target is $37.31)
Hap (Robert) Sneddon FCSI
Chief Portfolio Manager & Founder, Castlemoore Inc.
Price
$25.070
Owned
Yes
DON'T BUY
DON'T BUY
September 9, 2019
It has suffered in the current environment. You are looking for an uptick in the commodities market. It does not look too bad but it may be some time before you see some improvement. The Coal market is being impacted by world trade talks. For long term you will do all right.
It has suffered in the current environment. You are looking for an uptick in the commodities market. It does not look too bad but it may be some time before you see some improvement. The Coal market is being impacted by world trade talks. For long term you will do all right.
Michael Sprung
President, Sprung Investment Management
Price
$23.510
Owned
Unknown
BUY
BUY
September 9, 2019
Chart does look soft. One of best managed companies out there. They don't make money every year, but over the long term, they make a substantial amount and pay down their debt. Balance sheet is better, and they have cash. China is a short-term risk. Great quality assets. Strong management. De facto core holding in the sector. (Analysts’ price target is $37.37)
Chart does look soft. One of best managed companies out there. They don't make money every year, but over the long term, they make a substantial amount and pay down their debt. Balance sheet is better, and they have cash. China is a short-term risk. Great quality assets. Strong management. De facto core holding in the sector. (Analysts’ price target is $37.37)
John Zechner
Chairman, J. Zechner & Assoc
Price
$23.510
Owned
Yes
DON'T BUY
DON'T BUY
August 13, 2019
They are really reliant on commodity prices. The global economy has been slowing leading to lower commodity prices. She would not be buying here, until the underlying commodity price improves.
They are really reliant on commodity prices. The global economy has been slowing leading to lower commodity prices. She would not be buying here, until the underlying commodity price improves.
Christine Poole
CEO & Managing Director, GlobeInvest Capital Management
Price
$23.080
Owned
No
SPECULATIVE BUY
SPECULATIVE BUY
August 13, 2019
Long-term, we're in secular bull market, but a secular bear market for commodities. He does like copper, though, because the smart money has been buying it (for the past two weeks) and copper correlates well with China. So, anything to do with China has taken a sharp drop. Lately, the copper price is trying to form a tradeable low, but Trump's tweets can suddenly change things. This is a trade, not a long-term hold (though the smart money is long).
Long-term, we're in secular bull market, but a secular bear market for commodities. He does like copper, though, because the smart money has been buying it (for the past two weeks) and copper correlates well with China. So, anything to do with China has taken a sharp drop. Lately, the copper price is trying to form a tradeable low, but Trump's tweets can suddenly change things. This is a trade, not a long-term hold (though the smart money is long).
Javed Mirza
Technical analyst, Canaccord Genuity
Price
$23.080
Owned
Unknown
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