teck resources

CANADIAN PACIFIC RAILWAY LTD., $97.33, Toronto symbol CP, is your #1 Conservative Buy for 2022.

CP ships freight over a 23,700-kilometre rail network, mainly between Montreal and Vancouver. It also links to hubs in the U.S. Midwest and Northeast.

This is the fourth year in a row we’ve picked CP as our #1 Conservative stock....

Teck Resources has more than tripled from its March 2020 low as new COVID-19 vaccines help world economies recover. That rebound has spurred both demand and prices for the company’s main commodities.

Teck will also benefit from the big expansion of its copper operations in Chile—and that shift is also reducing its reliance on selling coal to steelmakers....

TECK RESOURCES LTD. $31 is a buy. The company (Toronto symbol TECK.B; Conservative Growth Portfolio, Resources sector; Shares outstanding: 531.1 million; Market cap: $16.5 billion; Price-to-sales ratio: 1.7; Dividend yield: 0.7%; TSINetwork Rating: Extra Risk; www.teck.com) is a leading producer of copper, gold, zinc and metallurgical coal (which is used for making steel).


COVID-19 has spurred interest in copper’s antimicrobial properties—the metal releases ions that kill bacteria and viruses on contact.


Teck is now teaming up with the Toronto Transit Commission to install copper coatings on surfaces such as handrails inside public transit buses and trains....

TECK RESOURCES LTD. $34 is a buy. The company (Toronto symbol TECK.B; Resources sector; Shares o/s: 532.5 million; Market cap: $18.1 billion; Dividend yield: 0.6%; Takeover Target Rating: Lowest; www.teck.com) is reportedly planning the sale or spin-off of its metallurgical coal business....

TECK RESOURCES LTD. $27 is a buy. The stock (Toronto symbol TECK.B; Conservative Growth Portfolio, Resources sector; Shares outstanding: 531.1 million; Market cap: $14.3 billion; Price-to-sales ratio: 1.6; Dividend yield: 0.7%; TSINetwork Rating: Extra Risk; www.teck.com) explores for and develops various types of minerals, including copper, gold, zinc and metallurgical coal (which is used for making steel)....

Commodity production is capital intensive with long development times. Producers face considerable costs to establish or replace mines, oilfields, and so on, or build processing, storage and transportation facilities. This means that the selling prices of their products can vary significantly from the time of their initial investment decisions....

A: Westshore Terminals Investment Corp., $16.60, symbol WTE on Toronto (Shares outstanding: 63.4 million; Market cap: $1.1 billion; www.westshore.com), operates a coal storage and loading terminal on land leased from the Vancouver Port Authority at Roberts Bank, B.C.

Westshore ships both metallurgical and thermal coal....

TECK RESOURCES LTD. $19 is a still buy. The stock (Toronto symbol TECK.B; Conservative Growth Portfolio, Resources sector; Shares o/s: 547.3 million; Market cap: $6.0 billion; Price-to-sales ratio: 0.5; Dividend yield: 1.8%; TSINetwork Rating: Extra Risk; www.teck.com) has more than doubled since falling to $8.15 in March 2020....

A: Caterpillar Inc., $167.04, symbol CAT on New York (Shares outstanding: 541.5 million; Market cap: $88.4 billion; www.caterpillar.com), is the world’s largest maker of earth-moving equipment, including tractors, scrapers, graders, compactors, loaders and pipe layers....

We continue to recommend investors spread their money across most if not all of the five main economic sectors—Manufacturing & Industry, Resources & Commodities, Consumer, Finance and Utilities.

Some investors are reluctant to commit funds to Resources stocks right now, due to uncertainty about the impact of COVID-19 on the global economy....