TSE:STLC
40.00
0.63
(1.55%)
Stelco Holdings Inc. is a steel company based in Hamilton, Ontario, Canada. Stelco was founded in 1910 from the amalgamation of several smaller firms.
More at Wikipedia
Analysis and Opinions about STLC-T
Signal
Opinion
Expert
Chart
COMMENT
COMMENT
July 12, 2021
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.
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.
SELL STRENGTH
SELL STRENGTH
June 22, 2021
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.
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.
PARTIAL SELL
PARTIAL SELL
June 18, 2021
They will generate huge cashflow. Not sure if the steel prices are sustainable at these prices. China is easing back from growth so this could hurt steel prices. Private equity that brought back STLC to market is selling some now. Earnings in 2022 will be lower than 2021 due to peaking. Gets nervous about paying a high premium.
Show full opinionHide full opinionThey will generate huge cashflow. Not sure if the steel prices are sustainable at these prices. China is easing back from growth so this could hurt steel prices. Private equity that brought back STLC to market is selling some now. Earnings in 2022 will be lower than 2021 due to peaking. Gets nervous about paying a high premium.
BUY
BUY
June 14, 2021
The commodity price is always going to be the main driver. She has been adding to her position. There is a lot of good things happening at the company.
Show full opinionHide full opinionThe commodity price is always going to be the main driver. She has been adding to her position. There is a lot of good things happening at the company.
TOP PICK
TOP PICK
February 22, 2021
A recovery opening trade. They reported some hedging losses that initially caused a sell off. The next few quarters will be very, very strong. They are a low cost producer. The do not have a peak multiple so there is upside there. (Analysts’ price target is $28.50)
Show full opinionHide full opinionA recovery opening trade. They reported some hedging losses that initially caused a sell off. The next few quarters will be very, very strong. They are a low cost producer. The do not have a peak multiple so there is upside there. (Analysts’ price target is $28.50)
STRONG BUY
STRONG BUY
January 5, 2021
China buys a huge amount of steel and iron ore, so this will benefit Stelco and those commodity prices. The current CEO is very good. This has huge upside with strong real estate value. Will produce strong cash flow to the point that he predicts the dividend to return.
Show full opinionHide full opinionChina buys a huge amount of steel and iron ore, so this will benefit Stelco and those commodity prices. The current CEO is very good. This has huge upside with strong real estate value. Will produce strong cash flow to the point that he predicts the dividend to return.
TOP PICK
TOP PICK
November 23, 2020
It has had a great run but he sees more upside. Steel prices this coming winter are in the $800/tonne range which is higher than they have been in years. They are going to be one of the lowest cost steel producers. He sees it doubling from here over the next couple of years. (Analysts’ price target is $18.40)
Show full opinionHide full opinionIt has had a great run but he sees more upside. Steel prices this coming winter are in the $800/tonne range which is higher than they have been in years. They are going to be one of the lowest cost steel producers. He sees it doubling from here over the next couple of years. (Analysts’ price target is $18.40)
RISKY BUY
RISKY BUY
June 5, 2020
A re-capitalization of the older company. It has started to come back. They signed a contract to get pellet supply, that seems favourable. They have some valuable land holdings in Hamilton. A nice risk-reward for some people on a small scale. He does not see enough safety around the dividend to recommend to his clients.
Show full opinionHide full opinionA re-capitalization of the older company. It has started to come back. They signed a contract to get pellet supply, that seems favourable. They have some valuable land holdings in Hamilton. A nice risk-reward for some people on a small scale. He does not see enough safety around the dividend to recommend to his clients.
DON'T BUY
DON'T BUY
February 19, 2020
It's a cyclical play, so if you're optimistic about the market in coming months, you can buy it, but he would be careful and cautious. He's not optimistic about the latter half of 2020.
Show full opinionHide full opinionIt's a cyclical play, so if you're optimistic about the market in coming months, you can buy it, but he would be careful and cautious. He's not optimistic about the latter half of 2020.
BUY WEAKNESS
BUY WEAKNESS
February 11, 2020
He bought on weakness recently. Steel prices have fallen in years, but this company is well run. Have strong cash flow and renegotiated their debt. If steel rebounds, this will do very well, but be patient. Yields 3.9%.
Show full opinionHide full opinionHe bought on weakness recently. Steel prices have fallen in years, but this company is well run. Have strong cash flow and renegotiated their debt. If steel rebounds, this will do very well, but be patient. Yields 3.9%.
SELL
SELL
October 10, 2019
Wouldn't buy or hold it. Would be a seller. Steel prices are in freefall with no relief in sight. Stock is not cheap, despite the downward slope of the chart. Macro environment not good, global growth slowing.
Show full opinionHide full opinionWouldn't buy or hold it. Would be a seller. Steel prices are in freefall with no relief in sight. Stock is not cheap, despite the downward slope of the chart. Macro environment not good, global growth slowing.
BUY
BUY
October 8, 2019
Asking about US Steel He prefers Stelco in this space. Stelco is well-run, not American and trading at a low valuation. Stelco is in great shape since emerging from bankruptcy.
Show full opinionHide full opinionAsking about US Steel He prefers Stelco in this space. Stelco is well-run, not American and trading at a low valuation. Stelco is in great shape since emerging from bankruptcy.
DON'T BUY
DON'T BUY
August 23, 2019
Down pretty significantly today. Probably more for contrarian investors. There is risk and there are safer places.
Show full opinionHide full opinionDown pretty significantly today. Probably more for contrarian investors. There is risk and there are safer places.
PAST TOP PICK
PAST TOP PICK
August 19, 2019
(A Top Pick Oct 02/18, Down 44%) They had a second quarter miss. They are affected by steel prices. It is still a really well run company. They cleaned up the balance sheet and pension issues. There is value in these companies if you hold them for 5 years. He will continue to hold it.
Show full opinionHide full opinion(A Top Pick Oct 02/18, Down 44%) They had a second quarter miss. They are affected by steel prices. It is still a really well run company. They cleaned up the balance sheet and pension issues. There is value in these companies if you hold them for 5 years. He will continue to hold it.
SELL
SELL
August 19, 2019
The chart looks horrible, but volume is starting to flow. 80% of investors have lost money here in the past two years. It hasn't found a bottom. It's slid from $15 to $11.83. Don't even look at it, unless it rises above $12.50. Sell, if you haven't already. Minimize your losses.
Show full opinionHide full opinionThe chart looks horrible, but volume is starting to flow. 80% of investors have lost money here in the past two years. It hasn't found a bottom. It's slid from $15 to $11.83. Don't even look at it, unless it rises above $12.50. Sell, if you haven't already. Minimize your losses.
Stelco Holdings Inc.(STLC-T) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 2
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 2
Total Signals / Votes : 4
Stelco Holdings Inc.(STLC-T) Frequently Asked Questions
What is Stelco Holdings Inc. stock symbol?
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
Is Stelco Holdings Inc. a buy or a sell?
In the last year, 4 stock analysts published opinions about STLC-T. 2 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Stelco Holdings Inc..
Is Stelco Holdings Inc. a good investment or a top pick?
Stelco Holdings Inc. was recommended as a Top Pick by Larry Berman CFA, CMT, CTA on 2021-07-12. Read the latest stock experts ratings for Stelco Holdings Inc..
Why is Stelco Holdings Inc. 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 Stelco Holdings Inc. worth watching?
4 stock analysts on Stockchase covered Stelco Holdings Inc. In the last year. It is a trending stock that is worth watching.
What is Stelco Holdings Inc. stock price?
On 2021-08-04, Stelco Holdings Inc. (STLC-T) stock closed at a price of $40.
