Algoma Steel Group Inc (ASTL.TO) Buy, Sell or…

Algoma Steel Group Inc (ASTL.TO)

6.29

-0.09 (1.41%)

as of Jun 19, 2026, 8:00:01 pm Market Open.

4 watching

BUY

Trading around 3/4 X earnings. Highly levered to the price of steel. Has had a tremendous run. Prefers a larger cap stock such as Ipsco which also has the prospects of the large diameter pipe. As long as steel prices stay up, it is very attractive.

SELL

The amazing bull steel market may run out of steam. Be cautious. May want to sell profit.

WEAK BUY

Should do OK. Prefers Dofasco. Don't put a lot of money into it.

DON'T BUY

Company has had phenomenal earnings. Steel prices have been at record levels. All the easy money has been made.

TOP PICK

New management. Lagging other steel companies. Reported record numbers. Net debt free. They are going to cash flow over $10 a share.

WEAK BUY

Is still sector has been one of the strongest sectors. Would prefer Dofasco and Ipsco. Doesn't feel steel prices are sustainable but the pressure could continue for a while.

BUY

Likes the steel industry but this stock is not very actively traded. Easier for the individual investor to own.

STRONG BUY

Q: "Should I switch from Inco to Algoma?" A: "Likes both stocks." Likes the metals at this time. This one could have been a "Top Pick".

BUY

Expect they will have the next 3/4 quarters with exceptionally good earnings. Beyond that, there is some risk.

WEAK BUY

At the moment, the price of steel is short so profits are very good. Long-term, they will have a difficult time.

TOP PICK

With the demand of steel in China, there is no flooding of the market in North America. The market has not grasped this yet. Feels that steel prices will stay strong. Second-quarter will be spectacular and would sell it at that time.

WEAK BUY

Should continue to ride with steel stocks

BUY

Likes this story. A cash machine at current steel prices. At current spot steel prices, they will earn almost $4 and cash flow $6. Will be net debt free by year end.

PAST TOP PICK

(A top pick Apr 1/04. Down 7%.) Still likes. Doing all the right things. Will be net debt free by the end of the year. A cash flow machine right now.

DON'T BUY

Has had its share of troubles over the years. Outlook is rather mixed. Would prefer Dofasco.

Showing 61 to 75 of 113 entries

Most Recent Experts

Stockchase Insights

5i Research

Brian Acker, CA

Acker Finley Inc.

The Weekly Buzzing Stocks by Billy Kawasaki

Stockchase

David Burrows

Barometer Capital Management

Jim Cramer - Mad Money

CNBC

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Summer Sale

Algoma Steel Group Inc (ASTL.TO)