Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The pullback gives an interesting opportunity. The markets are worried about the stimulus bill and China. It is very cheap and is in a new cash position. If there is no reversal in global growth, which is unlikely, the stock has a good chance of decent recovery. Unlock Premium - Try 5i Free
Close to $19 EPS this year. Paying down debt quickly. Pulled back to $43. With the demand for infrastructure plus capital spending, it's hard to see how steel companies won't do very, very well.
Thinks there is a play in steel, although this is no longer early. Would play the steel play through ZMT. Stelco is a good name here although it has already had a good run. 10% range correction is possible. Use the past corrections as a guideline for entry.
He bought it early last year, because they opened a new furnace in Hamilton. Fundamentally, they're basking in higher steel prices, but can they stay high? The new furnace expands their margins a lot. Sell at high-30s/low-40s, because this is a cyclical stock.
Stelco Holdings Inc. is a Canadian stock, trading under the symbol STLC-T on the Toronto Stock Exchange (STLC-CT). It is usually referred to as TSX:STLC or STLC-T
In the last year, 9 stock analysts published opinions about STLC-T. 4 analysts recommended to BUY the stock. 4 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Stelco Holdings Inc..
Stelco Holdings Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Stelco Holdings Inc..
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.
9 stock analysts on Stockchase covered Stelco Holdings Inc. In the last year. It is a trending stock that is worth watching.
On 2022-05-20, Stelco Holdings Inc. (STLC-T) stock closed at a price of $38.39.