Teck Resources Ltd. (B)

TECK.B-T

TSE:TECK.B

18.69
0.10 (0.53%)
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.
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Analysis and Opinions about TECK.B-T

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
July 16, 2020
Doesn't own any base metal stocks. Chosen to stay away from very cyclical areas of the market. Recessionary environment, so tends to be oversupply for some time. An uneven recovery. You need not only China to recover, but also Europe, etc.
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Doesn't own any base metal stocks. Chosen to stay away from very cyclical areas of the market. Recessionary environment, so tends to be oversupply for some time. An uneven recovery. You need not only China to recover, but also Europe, etc.
HOLD
HOLD
June 22, 2020
The company has some projects underway that will increase their cost profile going forward. They will be doubling their throughput. They are moving to also increase their production of copper.
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The company has some projects underway that will increase their cost profile going forward. They will be doubling their throughput. They are moving to also increase their production of copper.
DON'T BUY
DON'T BUY
May 25, 2020
He is staying clear of big mining companies. It had a nice run last year. The recovery in this stock has been very uninspiring, though. He does not think we will get back to the lofty levels of 2019. Don't look at it at a long term hold.
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He is staying clear of big mining companies. It had a nice run last year. The recovery in this stock has been very uninspiring, though. He does not think we will get back to the lofty levels of 2019. Don't look at it at a long term hold.
HOLD
HOLD
April 14, 2020
The commodity side has been, so his small holding hasn't performed for him. Chinese demand needs to return. India needs to demand, too. Look at tech stocks instead, look at the future. That said, this and other commodity stocks will bounce back, because stock prices are so cheap. Hold, even though it will feel brutal.
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The commodity side has been, so his small holding hasn't performed for him. Chinese demand needs to return. India needs to demand, too. Look at tech stocks instead, look at the future. That said, this and other commodity stocks will bounce back, because stock prices are so cheap. Hold, even though it will feel brutal.
HOLD
HOLD
March 16, 2020
This has cratered again. Doesn't know if it has hit bottom. You should be able to sit this one out.
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This has cratered again. Doesn't know if it has hit bottom. You should be able to sit this one out.
BUY WEAKNESS
BUY WEAKNESS
March 3, 2020
An entry point now? It's down 40% YTD. Good managers, but there are concerns about massive overruns in a major project (he's waiting for a budget update). The Frontier Project shouldn't have been built (https://www.teck.com/operations/canada/projects/frontier-project/frontier-project). TECK has a high-quality asset base, but weak Chinese demand remains a big cloud. Teck is seeing 4-year lows, so if you believe the virus pullback will fade, then yes, you can enter this name now. But if you expect a recession down the road, then don't.
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An entry point now? It's down 40% YTD. Good managers, but there are concerns about massive overruns in a major project (he's waiting for a budget update). The Frontier Project shouldn't have been built (https://www.teck.com/operations/canada/projects/frontier-project/frontier-project). TECK has a high-quality asset base, but weak Chinese demand remains a big cloud. Teck is seeing 4-year lows, so if you believe the virus pullback will fade, then yes, you can enter this name now. But if you expect a recession down the road, then don't.
DON'T BUY
DON'T BUY
February 26, 2020
Already owns it, so sell it during this dip? Don't buy it now during the pullback. Teck's reliance to coal could get hit hard. If you own, sit tight a little and hope things improve. It's a tough one, because it's a rollercoaster of a cyclical stock. There are better ways to compound your money.
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Already owns it, so sell it during this dip? Don't buy it now during the pullback. Teck's reliance to coal could get hit hard. If you own, sit tight a little and hope things improve. It's a tough one, because it's a rollercoaster of a cyclical stock. There are better ways to compound your money.
DON'T BUY
DON'T BUY
February 13, 2020
Highly cyclical industry. Need improvement in underlying commodity prices for the price to get back to mid-20s. So Chinese economic growth has to rebound and strengthen. Even with the price decline, she's not interested.
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Highly cyclical industry. Need improvement in underlying commodity prices for the price to get back to mid-20s. So Chinese economic growth has to rebound and strengthen. Even with the price decline, she's not interested.
SELL
SELL
February 3, 2020
A past pick. When it broke trend in mid-2019, he sold. Not good--it has long-term support at $20 and TECK has broken below it. Maybe it will bounce up. The chart looks pretty bad. Reduce exposure at the next bounce.
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A past pick. When it broke trend in mid-2019, he sold. Not good--it has long-term support at $20 and TECK has broken below it. Maybe it will bounce up. The chart looks pretty bad. Reduce exposure at the next bounce.
PAST TOP PICK
PAST TOP PICK
January 27, 2020
(A Top Pick Sep 12/19, Down 30%) It's accelerated after phase one was announced (the US-China treaty). It enjoyed a big move today. Excellent balance sheet. He likes it and will hold it. Risk/reward is pretty good. But if this doesn't inch up to $20, he will bail.
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(A Top Pick Sep 12/19, Down 30%) It's accelerated after phase one was announced (the US-China treaty). It enjoyed a big move today. Excellent balance sheet. He likes it and will hold it. Risk/reward is pretty good. But if this doesn't inch up to $20, he will bail.
DON'T BUY
DON'T BUY
January 14, 2020
The phase one signing will bring great relief to the materials and resources stocks. E-cars need a lot of copper. Teck hasn't made money for anybody in the last 16 years. He can't predict commodity and materials prices and won't bother. He prefers companies with pricing power which these sectors don't have. No, not for him.
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The phase one signing will bring great relief to the materials and resources stocks. E-cars need a lot of copper. Teck hasn't made money for anybody in the last 16 years. He can't predict commodity and materials prices and won't bother. He prefers companies with pricing power which these sectors don't have. No, not for him.
BUY WEAKNESS
BUY WEAKNESS
January 8, 2020
He thinks it is selling at a reasonable valuation. It will have to continue to meet and beat investor expectations. He doesn't see the catalyst at the moment to do that. He is not invested right now and might consider looking at it 15% lower than today.
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He thinks it is selling at a reasonable valuation. It will have to continue to meet and beat investor expectations. He doesn't see the catalyst at the moment to do that. He is not invested right now and might consider looking at it 15% lower than today.
DON'T BUY
DON'T BUY
January 3, 2020
Not a longterm buy-and-hold. It is a trading stock. He would avoid this right now. It's finding a bottom but it looks like it'll stay around where it is right now. There are other resource stocks that have a better base.
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Not a longterm buy-and-hold. It is a trading stock. He would avoid this right now. It's finding a bottom but it looks like it'll stay around where it is right now. There are other resource stocks that have a better base.
DON'T BUY
DON'T BUY
December 17, 2019
He avoids resources stocks. Too risky, though you can buy one at the bottom of the cycle then sell at the top.
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He avoids resources stocks. Too risky, though you can buy one at the bottom of the cycle then sell at the top.
PARTIAL SELL
PARTIAL SELL
December 16, 2019
Stay away. Valuations on cyclicals are a problem. Their capital allocation hasn't been great. TECK has gone boom and bust three times in recent years. If you hold it, take profits. If the economy rolls over, this is one of the first to get hit; it's a cyclical stock. True, they're diversifying, but he wouldn't be in this space now, so late in the cycle.
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Stay away. Valuations on cyclicals are a problem. Their capital allocation hasn't been great. TECK has gone boom and bust three times in recent years. If you hold it, take profits. If the economy rolls over, this is one of the first to get hit; it's a cyclical stock. True, they're diversifying, but he wouldn't be in this space now, so late in the cycle.
Showing 1 to 15 of 1,605 entries

Teck Resources Ltd. (B)(TECK.B-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 6

Neutral - Hold Signals / Votes : 3

Bearish - Sell Signals / Votes : 15

Total Signals / Votes : 24

Stockchase rating for Teck Resources Ltd. (B) 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.

Teck Resources Ltd. (B)(TECK.B-T) Frequently Asked Questions

What is Teck Resources Ltd. (B) stock symbol?

Teck Resources Ltd. (B) is a Canadian stock, trading under the symbol TECK.B-T on the Toronto Stock Exchange (TECK-B-CT). It is usually referred to as TSX:TECK.B or TECK.B-T

Is Teck Resources Ltd. (B) a buy or a sell?

In the last year, 24 stock analysts published opinions about TECK.B-T. 6 analysts recommended to BUY the stock. 15 analysts recommended to SELL the stock. The latest stock analyst recommendation is DON'T BUY. Read the latest stock experts' ratings for Teck Resources Ltd. (B).

Is Teck Resources Ltd. (B) a good investment or a top pick?

Teck Resources Ltd. (B) was recommended as a Top Pick by Christine Poole on 2020-07-16. Read the latest stock experts ratings for Teck Resources Ltd. (B).

Why is Teck Resources Ltd. (B) 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 Teck Resources Ltd. (B) worth watching?

24 stock analysts on Stockchase covered Teck Resources Ltd. (B) In the last year. It is a trending stock that is worth watching.

What is Teck Resources Ltd. (B) stock price?

On 2020-09-28, Teck Resources Ltd. (B) (TECK.B-T) stock closed at a price of $18.69.