NYSE:RIO

Rio Tinto (RIO)

94.39
+0.23 (0.24%)
as of Sep 30, 2026, 8:13:31 pm Market Open.
158 watching
0
BUY
Solid blue-chip company. He would prefer BHP Billiton (BHP-N) because of the mix of products. This company is a major player in aluminum and iron ore where BHP has oil and copper, which he would prefer.
HOLD
A lot of the large cap resource stocks are not doing anything. Based on his view of the market, if you are investing for the longer term these larger cap companies are safe places to be because they have bullet proof balance sheets and reasonable multiple of earnings.
DON'T BUY
Likes its exposure to iron ore, which has been softening recently. Very tied in to the Chinese market place. Chinese and Indians are huge drivers of consumption and there has been a moderation of growth in China. Money supply and M2 growth is almost zero. Authorities are tapping on the brakes.
DON'T BUY
Took on a lot of debt making their acquisition. Their debt is now twice their market capitalization.
BUY
(Market Call Minute.) Looking at little bit better after it has backed off as they will not beginning together with BHP.
COMMENT
Big takeover battle by BHP Billiton (BHP-N). Has no idea if the bid is going to succeed or not. The Chinese are also getting involved.
BUY
One of the big three in the iron ore area. Iron ore, like most commodities, has been on a tremendous run. Not sure where it is going to go this year, but it will certainly be in the 10/20% range. With the urbanisation of China, there will be a big demand for steel. Not cheap.
BUY
Well diversified and global in scope. Base metals are expected to rise.
BUY
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