5 Best Copper Stocks To Invest In According To Analysts

2. Teck Resources Limited (NYSE:TECK)

Number of Hedge Fund Holders: 68

Average Upside Potential: 20.63%

Teck Resources Limited (NYSE:TECK) is involved in the exploration, acquisition, development, and production of natural resources across Asia, Europe, and North America. It operates through Steelmaking Coal, Copper, Zinc, and Energy segments. Teck Resources Limited (NYSE:TECK) is one of the best copper stocks to buy. On February 22, the company declared a C$0.125 per share quarterly dividend, which is payable on March 28 to shareholders on record as of March 15. Teck’s board has also granted approval for management to buy Class B subordinate voting shares, with an authorized limit of $500 million.

According to Insider Monkey’s fourth quarter database, 68 hedge funds were bullish on Teck Resources Limited (NYSE:TECK), compared to 75 funds in the preceding quarter. Eric W. Mandelblatt’s Soroban Capital Partners is the biggest stakeholder of the company, with 8.8 million shares worth $371.8 million. 

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