SELL
Dofasco
Being acquired and the price is so high, that if you own, you have to take the cash. If you want to be in steel, there will probably be another steel stock that would be a better buy.
steel
SELL
Dofasco
Being acquired. He would consider selling it as the bidding war it is getting kind of crazy.
steel
DON'T BUY
Dofasco
Fully priced. Dividend makes it look attractive but the ability to grow profits, given the softness in steel, makes it pretty expensive at this price.
steel
WEAK BUY
Dofasco
Steel companies have really cleaned up their balance sheets with the high price of steel. This company has a nice healthy yield. The issue with them is that their steel gets used in autos, so when autos pull back, this one will too. Trading at a little under 10 X earnings so a slowdown is already priced in. Not sure of how much upside there is.
steel
DON'T BUY
Dofasco
Was looking at the steel industry, but missed its pull back, so didn't catch its bounce. After a rise of 25%, he's not going to chase it.
steel
WEAK BUY
Dofasco
Admires the company. They have done a good job of managing. Likes the argument that their is going to be great demand over the next several years from developing countries. Not sure if its a compelling Buy at these levels, but a very good company.
steel
DON'T BUY
Dofasco
This one really represents the market's opinion on where steel prices are going. Chinese have been big buyers of steel, but are now producing and will be exporting it. They also produce a lot of the steel that is used in the auto industry.
steel
BUY ON WEAKNESS
Dofasco
Had a tremedous run for a couple of years as steel prices went up. People thinks that steel prices are going to come down, faced with very high coal costs, high iron ore imput costs and increasing competition. However, this is the best North American steel company, good balance sheet, pays a nice high dividend. Big exposure to the auto sector. Stock could drop another 15%.
steel
DON'T BUY
Dofasco
One of the highest quality steel company in North America. Dividend is safe. Steel prices have probably peaked here for awhile and the momentum's gone off. Wait until they stop correcting. If you own, Hold.
steel
WATCH
Dofasco
Broke out from its 15 year trading range at $34, but is now below its 200 day. Had a negative technical break which was very surprising because steel stocks historically have done well. Probably some kind of negative news that is waiting in the wings to happen When the news is announced, this 1/4 or next, the stock should have a recovery rally to $40 and at that time would sell.
steel
BUY
Dofasco
Steel stocks have been exceptionally strong in the last couple of years. There is a real mixed message in the sector with regards to China. Will they need steel or will they do their own production and exporting? Prefers Ipsco (IPS-T) because they make steel for the oil/gas industry. Should be OK, but you will have to watch it.
steel
TRADE
Dofasco
Looking hard at this one because it has come off so much. Very attractive dividend. The question is, what's going to happen to the steel market. China is producing more steel and might become a net exporter. US car market also impacts them.
steel
DON'T BUY
Dofasco
The drop in this stock is because they are a big supplier to the auto industry. Also, China produces the same kind of steel and their production has been rising. A very good company. Probably went up too far too fast. A little concerned about the steel sector as a whole because China is bringing a lot of capacity on line.
steel
BUY
Dofasco
The premier steel company in North America to own. Took a drop as it had goten ahead of itself.
steel
TRADE
Dofasco
A lot of divergance is happening in the steel industry. Steel went into an all time high Feb 9 and yet this company broke a key support level just a few days ago after reporting very strong results. What had happened is that the stock moved up in anticipation of the earnings report. Once the report came out, sold off.
steel
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Dofasco(DFS-T) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Dofasco 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.

Dofasco(DFS-T) Frequently Asked Questions

What is Dofasco stock symbol?

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

Is Dofasco a buy or a sell?

In the last year, there was no coverage of Dofasco published on Stockchase.

Is Dofasco a good investment or a top pick?

Dofasco was recommended as a Top Pick by on . Read the latest stock experts ratings for Dofasco.

Why is Dofasco 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 Dofasco worth watching?

In the last year, there was no coverage of Dofasco published on Stockchase.

What is Dofasco stock price?

On , Dofasco (DFS-T) stock closed at a price of $.