5 Under-the-Radar Stocks That Are on The Move

4. Teck Resources Limited (NYSE:TECK)

Upside Potential: 24.10%
Current Price as of July 20:  $52.89
52 Week High: $49.34
Number of Hedge Fund Holders: 66

Teck Resources Limited (NYSE:TECK) is a resource company that mines and develops copper, steelmaking coal, zinc, and energy properties. It also makes germanium and indium. The stock has risen 16.17% since the beginning of the year.

Teck Resources has a Strong Buy rating from 9 analysts, with an average price target of $52.89. This is an average of their forecasts, which vary from $48 to $59.23. Compared to the current price of $52.89, this implies a 24.10% increase in value.

At the end of Q1 2023, 66 hedge funds in Insider Monkey’s database owned stakes in Teck Resources Limited (NYSE:TECK), up from 62 in the previous quarter. The collective value of these stakes is over $ 2.09 billion.