Today's Top 5 Overvalued Stocks
By taking advantage of timing, you can position yourself for a massive windfall or avoid potential losses. Today we look at the top 5 overvalued stocks that analysts expect to drop in price.
By clicking the link above you will automatically opt-in to receive emails from FinStrategist
| Open | 51.6 | Prev Close | 52.54 |
| High | 52.74 | Low | 51.41 |
| Volume | 2,049,269 | Volume (Avg) | 4,121,047 |
| 52 Week High | 23.89 | 52 Week Low | 6.19 |
| Market Cap | 11.9B | PE Ratio | 21.45 |
General
| Name | Teck Resources Limited |
| Ticker | TECK |
| Exchange | NYSE |
| Sector | Basic Materials |
| Industry | Other Industrial Metals & Mining |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 10,000 |
About Teck Resources Limited
Teck Resources Limited engages in exploring for, acquiring, developing, and producing natural resources in Asia, Europe, and North America. It operates through Steelmaking Coal, Copper, Zinc, and Energy segments. The company's principal products include steelmaking coal; copper concentrates and refined copper cathodes; refined zinc and zinc concentrates; energy products, such as bitumen; and lead and molybdenum concentrates. It also produces gold, silver, germanium, indium, and cadmium, as well as chemicals, industrial products, and fertilizers. In addition, the company holds interest in Frontier oil sands projects in the Athabasca region of Alberta; and owns interests in exploration and development projects in Australia, Chile, Ireland, Mexico, Peru, Turkey, and the United States. The company was formerly known as Teck Cominco Limited and changed its name to Teck Resources Limited in April 2009. Teck Resources Limited was founded in 1913 and is headquartered in Vancouver, Canada.
Highlights
| Analyst Target | 32.12 |
| Market Cap | 11,944,101,888 |
| PE Ratio | 21.45 |
| PEG Ratio | 2.02 |
Valuation
| Trailing PE | 5.04 |
| Forward PE | 10.25 |
| Price/Sales (Trailing 12 Mt.) | 1.62 |
| Price/Book (Most Recent Quarter) | 0.72 |
Technicals
| Beta | 1.46 |
| 52 Week High | 23.89 |
| 52 Week Low | 6.19 |
| 50 Day Average | 20.71 |
| 200 Day Average | 16.93 |
Dividend
Teck Resources Limited pays out a dividend of $0.15 per share, with a dividend yield of 0.97%.
TECK's last dividend payment was made to shareholders on March 31, 2021.
They pay out 19.45% of their earnings out as a dividend.
Recent Dividends
| Mar 28, 2024 | $0.13 |
| Dec 29, 2023 | $0.13 |
| Sep 29, 2023 | $0.13 |
| Jun 30, 2023 | $0.13 |
| Mar 31, 2023 | $0.13 |
| Dec 30, 2022 | $0.13 |
| Sep 29, 2022 | $0.13 |
| Jun 30, 2022 | $0.13 |
Google's Search Business Could Be Challenged By OpenAI, Says Gene Munster: 'It's A Function Of Time'
Gene Munster, a tech analyst at Deepwater Asset Management, predicts that OpenAI could become a significant competitor to Google in the search business, despite its ties with Microsoft. Munster's forecast follows reports of a potential partnership between Apple and OpenAI.
Top 3 Materials Stocks You May Want To Dump In May
Three stocks in the materials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Controversial CEO Could Help You Retire Rich? You Be the Judge... - Ad
There's no shortage of controversial CEOs in America today... from Elon Musk to JP Morgan's Jamie Dimon. But only one CEO is willing to show you exactly how and why he cut his annual salary to $1... then made significant profits in a single day. He says, "There's a new form of money in America, and it's making some people wildly rich."
Google's unleashes AI in search, raising hopes for better results and fears about less web traffic
MOUNTAIN VIEW, Calif. (AP) — Google on Tuesday rolled out a retooled search engine that will frequently favor responses crafted by artificial intelligence over website links, a shift promising to quicken the quest for information while also potentially disrupting the flow of money-making internet traffic.
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for June delivery fell $1.10 to $78.02 per barrel Tuesday. Brent crude for July delivery fell 98 cents to $82.38 per barrel.
Amazon's Betting Big on This Unknown AI Company - Ad
Amazon has just made a stunning $144 million investment in one small AI company. Why? Because this under-the-radar firm holds the key to unleashing the full potential of next-gen AI... Its technology is crucial for the most advanced AI chips, including Nvidia's latest breakthrough.
Roaring Kitty is back and so are meme stocks, GameStop surges 40%
The man at the center of the pandemic meme stock craze returned to the social platform X for the first time in three years and sent prices of some of those stocks surging overnight.
Cathie Wood's Ark Invest Buys $18M In Shopify Stock Amid Price Dip, Sells Shares In Bitcoin Bull Jack Dorsey's Block Inc
On Monday, Cathie Wood’s Ark Invest made some significant trades, the most notable being the purchase of Shopify Inc (NYSE:SHOP) shares and the sale of Block Inc (NYSE:SQ) shares.
Shhh! This Is One Great Coin... - Ad
Shhh! I truly believe this crypto could be one of the top earning cryptos of all time... In fact, in the coming bull run... this one coin could have the potential to bank 10x... 50x... and even 100x.
Biden hiking tariffs on Chinese EVs, solar cells, steel, aluminum — adding to tensions with Beijing
WASHINGTON (AP) — The Biden administration announced on Chinese electric vehicles, advanced batteries, solar cells, steel, aluminum and medical equipment — an election-year move that's likely to increase friction between the world's two largest economies.
New US tariffs on Chinese electric vehicles, batteries and solar cells could raise consumer prices
WASHINGTON (AP) — New tariffs on Chinese electric vehicles and batteries, solar cells, medical equipment and other goods are . They could raise prices on certain specific items, experts say, though a broad inflationary impact is unlikely in the short term.
This Is Where the World's Richest Men Are Putting Their Money - Ad
Bill Gates, Peter Thiel, Mark Zuckerberg -- they're pouring millions into something we call Imperium technology. And you can invest in this tech alongside them starting with just $10. Bill Gates called Imperium "one of the most powerful technologies of the 21st century."
Trump Vs. Biden: 2024 Election Poll Shows Tie Broken -- Which Candidate Gains Support From His Party, Independent Voters?
A new 2024 election poll shows a close race between Donald Trump and Joe Biden. One candidate gained ground with their party and Independent voters.
Red Lobster closes dozens of locations across the US just months after 'endless shrimp' losses
NEW YORK (AP) — Dozens of Red Lobster locations across the U.S. are on the chopping block.
Millionaire Investor Says Second Boom in AI Begins Now - Ad
Louis Navellier has been ahead of the AI market at every turn. He picked Nvidia way back in May 2019. It's up 2,011% since. He made 372% on Cadence Design and 1,810% on Super Microcomputer.
OpenAI launches GPTo, improving ChatGPT's text, visual and audio capabilities
SAN FRANCISCO (AP) — OpenAI's latest update to its artificial intelligence model can mimic human cadences in its verbal responses and can even try to detect people's moods.
Meme stocks are roaring again. This time may be different
NEW YORK (AP) — are once again. That shouldn't be much of a surprise.
America Has New Type of Money, Making Some Rich...Should You Get It? - Ad
One of America's most controversial CEOs says, "A new form of money in America is making some people (including Elon Musk, Jeff Bezos, and 17 of America's 25 wealthiest individuals), rich. It has nothing to do with gold, bitcoin, or anything like that, but it's 100% legal. The problem? Few Americans have a real understanding of how it works.
Trump's Erstwhile Lawyer Testifies To Former President's Involvement In Hush Money Payment: 'Don't Worry Michael, You Will Get Paid Back'
Michael Cohen testified to making payments on behalf of Donald Trump to keep stories of affairs from becoming public.
Xi's visit to Hungary and Serbia brings new Chinese investment and deeper ties to Europe's doorstep
BUDAPEST, Hungary (AP) — When Chinese President Xi Jinping visited Hungary last week, he arrived to one of the few places in the European Union where his country is considered an indispensable ally rather than a rival. By the time he left on Friday, he'd that provide fertile ground for China's plans of economic expansion in Europe.
The Key to Capitalizing on the AI "Gold Rush" - Ad
The AI boom is setting off a $15.7 trillion wealth explosion. Forbes predicts it will unleash the greatest profit engine in history. But only some AI companies and their stock are worth considering. With such rapid market growth, it's crucial to distinguish companies that are fully leveraging AI and more importantly, the ones with mass adoption potential.
Palantir, Boeing, Lucid Group, Hims & Hers, Tesla: Why These 5 Stocks Are On Investors' Radars Today
On Monday, major U.S. stock indexes experienced gains, with the S&P500 closing nearly 1% higher at 5,180.74
Czech power company CEZ reports net profit of $592 million in Q1, up by a quarter year-on-year
PRAGUE (AP) — The Czech power company CEZ said Tuesday its net profit in the first quarter of the year reached 13.6 billion Czech crowns ($592 million), 2.7 billion up compared with the same period of the previous year.
A.I. Pioneer Warns: "I thought we had more time..." - Ad
A radical new A.I. development is about to blindside millions of Americans. This early A.I. pioneer just issued an urgent warning explaining everything.
Berkshire Hathaway's Q1 Operating Earnings Surged 39% — Here's Why
Berkshire Hathaway's Q1 operating earnings surge 39%, driven by strong performance in insurance businesses and investment gains.
Cave-in leaves 3 miners missing and 11 injured at a coal mine in Poland
WARSAW, Poland (AP) — A cave-in at the Myslowice-Wesola coal mine in southern Poland early Tuesday left three miners missing and 11 hospitalized with some injuries, mining authorities said Tuesday.
One Coin to Rule Them All... - Ad
Hardly any investors are talking about this coin but I believe that's about to change with some potentially huge news! Get in on the ground floor while it's rock bottom with this new how-to guide, just $3.
Trump Meets With DeSantis, Noem Stirs Up Controversy: How Will Republican Vice President Betting Odds Be Impacted?
The relationship between Donald Trump and Ron DeSantis was heated at times during the Republican primary season, before the Florida governor dropped out of the 2024 presidential election and threw his support behind the
Amid Latest Indictments, Former Trump Aide Slams Ex-President Over Treatment Of 'Bodies Around Him': 'He Takes Out Everybody Who Is Loyal To Him'
Cassidy Hutchinson, a former aide to Donald Trump, publicly expressed her disapproval of the ex-president following the recent indictments of his associates in the Arizona fake electors scheme.
No. 1 Clean Energy Stock Pick for 2024? (Hint: Uranium) - Ad
During December 2023, the USA, France, UK, and Canada pledged to TRIPLE their nuclear capacity. Rocketing Uranium prices 74% in less than 6 months.
'Wow:' Elon Musk Reacts To Stack Overflow Users' Revolt Against OpenAI Deal
This reaction comes amid a backdrop of ongoing tension between Musk and OpenAI.
Ten federal agencies receive 'A+' in annual scorecard measuring small business contracting goals
NEW YORK (AP) — Federal grants can be a huge boost for small businesses. And some federal agencies do better at giving grants to small businesses than others.
He Is Giving Away Bitcoin - Ad
And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening.
Elon Musk Talks Immigration, Starlink, Mars, Aliens, And More At MI Global: 'If You Have To Die Somewhere, Might As Well Be Mars'
Elon Musk discussed topics ranging from immigration and space exploration to personal joys during a conversation with Mike Milken at the Milken Institute.
Cathie Wood's Ark Invest Snaps Up $3.54M Worth Of Shares In This Biopharma Company Following Positive Obesity Pipeline Update
As the demand for obesity drugs continues to surge, biopharma companies are eagerly seizing the opportunity to capitalize on the trend.
Market Warning: Is BTC is Just the Start? - Ad
Missed out the AI craze, or BTC's 40% jump? 50-year Wall Street veteran Marc Chaikin just detailed another way to play this market rally.
Katy Perry and Rihanna didn't attend the Met Gala. But AI-generated images still fooled fans
NEW YORK (AP) — No, and didn't attend the this year. But that didn't stop AI-generated images from tricking some fans into thinking the stars made appearances on the steps of fashion's biggest night.
Hedge Fund Legend Druckenmiller Shares His Top Secrets For 30% Returns
Legendary hedge fund manager Stanley Druckenmiller made right bets at the right time. He came to fame for earning Soros $10B overnight. Successful hedge fund, Duquesne Capital, boasts $10B fortune.
What Should You Be Doing To "A.I.-Proof" Your Retirement? - Ad
A.I. is creeping into every aspect of our daily lives... According to billion-dollar fund manager Louis Navellier, it's never been more important to A.I.-proof your wealth. He lays out three simple steps to take ASAP in his latest video.
The SEC charges Trump Media's newly hired auditing firm with 'massive fraud'
SAN FRANCISCO (AP) — The Securities and Exchange Commission on Friday charged an auditing firm hired by Trump Media and Technology Group just 37 days ago with “massive fraud” — though not for any work it performed for former President Donald Trump’s media company.
Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.