Another RecommendationI don't think there's any question that as a cyclical stock, STLC will eventually have had its day in the sun. The question is when. As Levine indicates, that period of time could last a few months or ten years. Murray indicated that he's thinking 12 - 18 months from now which doesn't sound unreasonable. And in the meantime, earnings will be huge. GLTA
https://www.bnnbloomberg.ca/video/norman-levine-discusses-stelco~2270053
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Stelco Holdings Inc.(STLC-T)
30/08/2021
A steelmaker, and steel prices are hot. There are supply issues with steel, so now is a golden time to own STLC. Steel stocks haven't corrected like mining stocks, so maybe a correction will come. These are trading stocks, not long-term holds.
Norman Levine
$48.730
Unknown