teck resources
Spinoff investing has been proven to generate above-average returns—and part of that comes from their takeover appeal
Teck Resources Ltd. offers compelling growth and stability as a cash-rich, copper-focused leader with strong operational momentum and a robust project pipeline.
A key rule of our three-part Successful Investor strategy is to spread your money out across most if not all of the five main economic sectors (Manufacturing & Industry; Resources & Commodities; Consumer; Finance; and Utilities).
This has two main benefits: a) It keeps you from investing too heavily in any industry or sector that is headed into a period of big losses; and b) By spreading your investments out more widely, it also improves your chances of latching onto a market superstar—a stock that will wind up producing two or five or 10 times more profit than average.
ISHARES S&P/TSX GLOBAL BASE METALS ETF $16.86 (Toronto symbol XBM; TSINetwork ETF Rating: Aggressive; Market cap: $230.9 million) tracks the S&P/TSX Global Base Metals Index....
This has two main benefits: a) It keeps you from investing too heavily in any industry or sector that is headed into a period of big losses; and b) By spreading your investments out more widely, it also improves your chances of latching onto a market superstar—a stock that will wind up producing two or five or 10 times more profit than average.
ISHARES S&P/TSX GLOBAL BASE METALS ETF $16.86 (Toronto symbol XBM; TSINetwork ETF Rating: Aggressive; Market cap: $230.9 million) tracks the S&P/TSX Global Base Metals Index....
Teck Resources exceeded its copper and zine forecasts as it spends to expand production even farther to capitalize upon key strategic metals trends.
Top pick Teck Resources is strongly focused on copper and zinc after selling its met coal assets – this and other corporate moves are making it a strong buy.
Top pick Teck Resources is expanding its mining operations but also venturing into the EV market with plans for a lithium-ion battery recycling facility.
AGNICO EAGLE MINES LTD., $61.72, symbol AEM on Toronto, owns producing gold mines in Canada, Australia, Finland and Mexico.
In Canada, it owns the La Ronde, Canadian Malarctic, Goldex, Maccassa, Detour Lake, Meliadine, Meadowbank and Hope Bay mines....
In Canada, it owns the La Ronde, Canadian Malarctic, Goldex, Maccassa, Detour Lake, Meliadine, Meadowbank and Hope Bay mines....
Commodities can help diversify portfolios, but are cyclical and come with high levels of price volatility.
However, well-diversified ETFs that offer exposure to commodity producers can help investors overcome the problems associated with direct investments in physical commodities, or funds that track a single commodity.
Below, we look at three ETFs providing exposure to commodity producers....
However, well-diversified ETFs that offer exposure to commodity producers can help investors overcome the problems associated with direct investments in physical commodities, or funds that track a single commodity.
Below, we look at three ETFs providing exposure to commodity producers....
Petro-Canada was Canada’s second largest integrated oil company. Its production centred on Western Canada before its sale to Suncor.