Mar 5, 2020
KeyStone’s Your Stock Our Take: Stelco Holdings Inc. (STLC:TSX) and our Dog of the Week is Dorel Industries Inc. (DII.B:TSX).
This week in KeyStone's Stock Talk Podcast, in our Your Stock Our Take Segment we answer a question on a company founded over 100 years ago. Headquartered in Hamilton and founded in 1910, Stelco Holdings Inc. (STLC:TSX), a low cost, integrated and independent steelmaker with modern integrated steelmaking facilities in Canada and the U.S. The listener, who is down 60% on the stock asks us our take on the company and whether it meets KeyStone’s criteria for investment. Our Dog of the Week is Dorel Industries Inc. (DII.B: TSX), a Canadian designer, manufacturer and seller of juvenile products, bicycles, and furniture. Dorel’s stock is down 11% over the past 5 trading days, 78% over the last 12 months and 90% over the last 3 years. Is there any hope near or long-term for the stock?