5 Best Zinc Stocks to Buy Now

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1. Teck Resources Limited (NYSE: TECK)

Number of Hedge Fund Holders: 30     

Teck Resources Limited (NYSE: TECK) is a Canada-based natural resources company founded in 1906. It is placed first on our list of 10 best zinc stocks to buy now. Teck stock has returned more than 160% to investors over the course of the past twelve months. Some of the products the company markets include steelmaking coal, copper concentrates, refined zinc and zinc concentrates, energy products, gold, silver, germanium, indium, and cadmium, among others. It also has stakes in an oil sands project. 

On May 26, investment advisory Deutsche Bank upgraded Teck Resources Limited (NYSE: TECK) stock to Buy from Hold with a price target of $30 on the back of multiple projects in the company’s portfolio that were showing signs of improving shareholder value in the firm. 

Out of the hedge funds being tracked by Insider Monkey, Boston-based investment firm Arrowstreet Capital is a leading shareholder in Teck Resources Limited (NYSE: TECK) with 9.3 million shares worth more than $179 million.  

You can also take a peek at Billionaire Izzy Englander’s Top 10 Stock Picks and Billionaire David Abrams’ Top Stock Picks.

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