Dofasco (DFS.TO) Buy, Sell or Hold

Dofasco (DFS.TO)

0.00

-0.00 (0.00%)

1 watching

SELL

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.

SELL

Being acquired. He would consider selling it as the bidding war it is getting kind of crazy.

DON'T BUY

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.

WEAK BUY

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.

DON'T BUY

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.

WEAK BUY

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.

DON'T BUY

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.

BUY ON WEAKNESS

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%.

DON'T BUY

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.

WATCH

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.

BUY

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.

TRADE

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.

DON'T BUY

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.

BUY

The premier steel company in North America to own. Took a drop as it had goten ahead of itself.

TRADE

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.

Showing 1 to 15 of 86 entries

Dofasco (DFS.TO) Frequently Asked Questions

What is Dofasco stock symbol?

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

Is Dofasco a buy or a sell?

In the last year, no analyst issued a Buy, Sell, or Hold rating on DFS.TO (previously DFS-T on Stockchase) on Stockchase. Read the latest expert commentary for Dofasco.

Is Dofasco a good investment or a top pick?

Dofasco was recommended as a Top Pick by Don Vialoux on 2005-02-10. 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 Dofasco.

Is Dofasco worth watching?

Dofasco is covered by Stockchase experts and is worth watching.

Most Recent Experts

Joe Terranova

Virtus Investment Partners

Stephen Weiss, Founder, Short Hills Capital Partners

Short Hills Capital Partners

Rob Sechan, Managing Partner, New Edge Capital

New Edge Capital

Gordon Reid

GoodReid Investment Counsel

Jim Cramer - Mad Money

CNBC

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Summer Sale

Dofasco (DFS.TO)

Dofasco(DFS.TO)

Dofasco(DFS.TO)

Dofasco(DFS.TO)

Dofasco(DFS.TO)

Dofasco(DFS.TO)

Dofasco(DFS.TO)

Dofasco(DFS.TO)

Dofasco(DFS.TO)

Dofasco(DFS.TO)

Dofasco(DFS.TO)

Dofasco(DFS.TO)

Dofasco(DFS.TO)

Dofasco(DFS.TO)

Dofasco(DFS.TO)

Dofasco(DFS.TO)

Dofasco (DFS.TO) Frequently Asked Questions

What is Dofasco stock symbol?

Is Dofasco a buy or a sell?

Is Dofasco a good investment or a top pick?

Why is Dofasco stock dropping?

Is Dofasco worth watching?

Latest Buy Signals

Today's Top Picks

Popular Articles

Latest Sell Signals

Most Recent Experts

Joe Terranova

Stephen Weiss, Founder, Short Hills Capital Partners

Rob Sechan, Managing Partner, New Edge Capital

Gordon Reid

Jim Cramer - Mad Money