Post by
forkliftguy on May 08, 2021 8:28am
Raised forecasts
Hard to believe that very few people liked Stelco in March of 2020 below 5 dollars a share other than " Retired " and myself . The appreciation on this stock has pretty much made up for my terrible investment in Torstar . I lost my shirt and more on that one .Getting back to Stelco , It is still trading only about 1.5 times this years EBITA . More upgrades this week :
RBC an outperform to $46.
National Bank an outperform to $45.
BMO to $44.
Scotia Bank to $40.
A real nice job by Management !