Cliffs Natural Resources | StockChase
17
Cliffs Natural Resources (CLF-N)

Last Price Recorded: $6.6700 on 2017-12-12

ON STOCKCHASE SINCE Jul 2010

Mining
17
Cliffs Natural Resources (CLF-N)

Last Price Recorded: $6.6700 on 2017-12-12

ON STOCKCHASE SINCE Jul 2010

Mining

Cliffs Natural Resources


Signal Opinion Expert
DON'T BUY

His general view on iron ore is a little negative. If you look at the supply/demand dynamics, it is more skewed towards an oversupply situation. Feels we are going to be in a situation where it is going to be a surplus. Iron ore has had a nice run and almost got up to $100 a ton. Doesn’t think that is sustainable, and thinks it pulls back to the $60-$70 range.

Mining

His general view on iron ore is a little negative. If you look at the supply/demand dynamics, it is more skewed towards an oversupply situation. Feels we are going to be in a situation where it is going to be a surplus. Iron ore has had a nice run and almost got up to $100 a ton. Doesn’t think that is sustainable, and thinks it pulls back to the $60-$70 range.

Mining
Veeral Khatri

Partner and Portfolio Manager, JC Clark...

PricePrice
$10.660
Owned Owned
No

COMMENT

A commodity stock, and will be more volatile than most. It is so levered to large infrastructure steelmaking, but it is very hard to see how that is going to take off, unless you have a massive infrastructure spend. Growth outside the US is going to be pretty slow. Thinks you will see this just trade sideways for most of the year.

Mining

A commodity stock, and will be more volatile than most. It is so levered to large infrastructure steelmaking, but it is very hard to see how that is going to take off, unless you have a massive infrastructure spend. Growth outside the US is going to be pretty slow. Thinks you will see this just trade sideways for most of the year.

Mining
John Stephenson

President & CEO, Stephenson & Company...

PricePrice
$8.670
Owned Owned
Unknown

BUY

He likes the volume that it has had in 2016, and he would be a buyer. The stock looks like it has bottomed out. It looks like it has found a bottom and the volumes are back.

Mining

He likes the volume that it has had in 2016, and he would be a buyer. The stock looks like it has bottomed out. It looks like it has found a bottom and the volumes are back.

Mining
Elliot Fishman

Director, US & International E...

PricePrice
$8.610
Owned Owned
Unknown

DON'T BUY

There is a reason for things being cheap.  It’s been a tough space.  You have to look for relative value not just that things go down.

Mining

There is a reason for things being cheap.  It’s been a tough space.  You have to look for relative value not just that things go down.

Mining
Gordon Reid

President, GoodReid Investment ...

PricePrice
$15.020
Owned Owned
Unknown

DON'T BUY

A pure iron ore play. After a few years of downturn, iron ore prices looked like they were ready to bottom out in 2014. Problem is, the stock is anticipating an increase so it has had a bit of a move up after hitting its low. Not a huge fan of iron ore and he can’t see a lot of upside for this company for the next couple of years.

Mining

A pure iron ore play. After a few years of downturn, iron ore prices looked like they were ready to bottom out in 2014. Problem is, the stock is anticipating an increase so it has had a bit of a move up after hitting its low. Not a huge fan of iron ore and he can’t see a lot of upside for this company for the next couple of years.

Mining
Lorne Steinberg

President & Portfolio Manager, Lorne Steinberg Weal...

PricePrice
$24.650
Owned Owned
No

BUY

He just took a position last week.  Likes outlook on met coal and metals.  China should be positive for these producers.

Mining

He just took a position last week.  Likes outlook on met coal and metals.  China should be positive for these producers.

Mining
Michael Giordano

VP Investments & Portfolio Manager, ...

PricePrice
$27.500
Owned Owned
Yes

DON'T BUY

Steel is the most primary of all industries. Any country that becomes industrialized, wants a steel industry. China produces and consumes over half the world’s steel. They have so many steel plants right now that the only real product for them is iron ore. He wouldn’t invest in the still company because there is overcapacity globally. In terms of iron ore, the fundamentals are okay but not terrific. Growth is very slow in China right now down to 7.5%.

Mining

Steel is the most primary of all industries. Any country that becomes industrialized, wants a steel industry. China produces and consumes over half the world’s steel. They have so many steel plants right now that the only real product for them is iron ore. He wouldn’t invest in the still company because there is overcapacity globally. In terms of iron ore, the fundamentals are okay but not terrific. Growth is very slow in China right now down to 7.5%.

Mining
John Stephenson

President & CEO, Stephenson & Company...

PricePrice
$17.520
Owned Owned
Unknown

DON'T BUY

High cost producer needing $105 per ton in order to break even. At this time there are a lot more iron ore projects coming on and she would prefer a lower cost producer or a copper stock.

Mining

High cost producer needing $105 per ton in order to break even. At this time there are a lot more iron ore projects coming on and she would prefer a lower cost producer or a copper stock.

Mining
Alice Tsang

Portfolio Manager, Marquest Asset Manag...

PricePrice
$17.190
Owned Owned
Unknown

HOLD

(Market Call Minute.) Has literally fallen off the “Cliff”. Has been one of the worst performing stocks. Exposure to iron ore is a little too much. Stock will suffer in the short term but longer-term it is all right.

Mining

(Market Call Minute.) Has literally fallen off the “Cliff”. Has been one of the worst performing stocks. Exposure to iron ore is a little too much. Stock will suffer in the short term but longer-term it is all right.

Mining
Michael Giordano

VP Investments & Portfolio Manager, ...

PricePrice
$18.790
Owned Owned
No

BUY on WEAKNESS

Mining sector has taken a pounding.  China coming back is not enough to move iron ore quickly, so be patient.  It might go lower before it goes higher.  If you are patient, buying down here is probably a good idea.

Mining

Mining sector has taken a pounding.  China coming back is not enough to move iron ore quickly, so be patient.  It might go lower before it goes higher.  If you are patient, buying down here is probably a good idea.

Mining
Michael Decter

President & CEO, Lawrence Decter Inve...

PricePrice
$20.910
Owned Owned
Unknown

DON'T BUY

Fairly high cost producer of iron ore. What you want to know is the price of iron ore. There was a sharp selloff on iron ore last year, recovered somewhat and recently had a high of $150 on the view that China was rebounding. It has now rolled over and is at about $130. It has to be at least $150 for this to make sense.

Mining

Fairly high cost producer of iron ore. What you want to know is the price of iron ore. There was a sharp selloff on iron ore last year, recovered somewhat and recently had a high of $150 on the view that China was rebounding. It has now rolled over and is at about $130. It has to be at least $150 for this to make sense.

Mining
John Wilson

CEO; Co-CIO & Sr Portfolio Manager, Sprott Asset Managem...

PricePrice
$20.330
Owned Owned
No

DON'T BUY

Doesn’t think this has an immediate problem funding their obligations. Unfortunately, they are in the iron ore and coal businesses so he would be very cautious on names like this as he doesn’t see any visibility for improved conditions in the steel sector.

Mining

Doesn’t think this has an immediate problem funding their obligations. Unfortunately, they are in the iron ore and coal businesses so he would be very cautious on names like this as he doesn’t see any visibility for improved conditions in the steel sector.

Mining
John Stephenson

President & CEO, Stephenson & Company...

PricePrice
$23.780
Owned Owned
Unknown

DON'T BUY
Cliffs Natural Resources(CLF-N) 

September 19, 2012

Regarding government bonds, the risk of rates being so low, he would try to avoid them.

Mining

Regarding government bonds, the risk of rates being so low, he would try to avoid them.

Mining
Marc-Andre Gaudreau

Sr. VP Fixed Income, Natcan Investment Ma...

PricePrice
$42.890
Owned Owned
Unknown

DON'T BUY

One of the fastest-growing iron ore companies globally. The bad news is that iron ore prices have been plummeting. Price will probably go lower. Overall, valuation is very attractive. If you are willing to wait 1-2 years, you’ll see the price recover.

Mining

One of the fastest-growing iron ore companies globally. The bad news is that iron ore prices have been plummeting. Price will probably go lower. Overall, valuation is very attractive. If you are willing to wait 1-2 years, you’ll see the price recover.

Mining
John Stephenson

President & CEO, Stephenson & Company...

PricePrice
$35.750
Owned Owned
Unknown

COMMENT
Struggling a little. Do some iron ore, but it is mainly in pellet form which goes to Europe. Also does coal which is essentially being banned in the US so they have to ship it offshore. He feels it needs a catalyst before he can take off.
Mining
Struggling a little. Do some iron ore, but it is mainly in pellet form which goes to Europe. Also does coal which is essentially being banned in the US so they have to ship it offshore. He feels it needs a catalyst before he can take off.
Mining
John Stephenson

President & CEO, Stephenson & Company...

PricePrice
$47.350
Owned Owned
Unknown

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