Teck Resources Limited (NYSE:TECK) is highlighted as one of the best Canadian stocks to buy now. Scotiabank raised the firm’s price target to C$70 from C$55, citing strong liquidity. In Q2, Teck Resources maintained $8.9 billion in liquidity, with $4.8 billion in cash. The company returned over $1.1 billion to shareholders through share buybacks and dividends. The Zinc segment showed a robust performance, with a 137% increase in gross profit. Challenges were noted at the QB operation, impacting production outlook. Teck Resources operates in the Copper and Zinc segments, with potential as an investment.

Read more at Yahoo Finance: Scotiabank Raises Teck Resources (TECK) PT to C$70 on Strong Liquidity, Zinc Segment Performance