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To: Goose94 who wrote (96694)10/30/2020 4:41:39 PM
From: Goose94Read Replies (1) | Respond to of 202710
 
Stelco Holdings (STLC-T) new 52 week high, $14.60



To: Goose94 who wrote (96694)11/23/2020 1:16:23 PM
From: Goose94Read Replies (2) | Respond to of 202710
 
Stelco Holdings (STLC-T) top pick from Jamie Murray on BNN.ca Market Call Monday Nov 23rd @ 1200ET

Stelco has a very clean balance sheet thanks to its 2017 restructuring. Moreover, the company’s reinvestment in its facilities has resulted in one of the most cost-efficient operations in North America. With a cost base of $400 per ton, Stelco should be able to provide good full-cycle returns in what is a volatile industry. Currently, steel prices are over $700 per ton which is far from reflected in the company’s share price. As a kicker, the company holds a large land parcel adjacent to its Hamilton Works Steel Operation that is well-positioned for industrial real estate development and could be worth up to $5 per share.