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NYSE:VALE

Vale S.A. (VALE)

13.45
-0.16 (1.18%)
as of Oct 8, 2026, 8:09:51 pm Market Open.
65 watching
0
Unspecified
It is good company to own for iron ore and the resources space. It has kept with their core business and is doing much better than years ago. Well valued. BHP is one of its peers and because it is bigger it is less volatile in this space.
DON'T BUY
Has reported cost inflation on products. Trading close to net asset value. Two major lawsuits in the past years. Large environmental disasters causing headaches for company. Upcoming election in Brazil a risk. Does not think the dividend is sustainable.
DON'T BUY
Don't buy this going into a recession, which even the bulls feel is possible.
BUY ON WEAKNESS
Not a safe stock to invest in, however dividend is strong. Disappointing quarter for investors. Stock price is cheap, ~5x trading multiple. Would add to portfolio and hold.
WEAK BUY
Brazilian. One of the largest in the world. Not expensive at 17x earnings, nice dividend yield. Large producer of iron ore. If you believe in the resource boom, you want to own a large cap, as it will protect you with earnings and dividends if the market moves around a lot. Cyclical, so not a great business overall.
DON'T BUY
Lots of environmental problems, and be wary of the 17% dividend.
DON'T BUY
He doesn't like commodity-producing companies. So hard to time entry and exit points. Long-term chart shows a nice dividend. He likes a company that can consistently raise prices, has organic revenue growth, and not subject to boom/bust.
WAIT
Would wait to buy. Large diversified miner, however, Chinese influence unknown. Chinese property market could take a while to recover.
DON'T BUY
Leading iron ore producer. Overarching headwind is China's weakness. China's reigning in debt-laden property developers. ESG challenges. Serious issues with tailings dam failures. Very cheap, but he's in no rush to buy.
BUY
Steel and base metal stocks are an infrastructure play. They will be a good play into putting people back to work and major infrastructure plays.
DON'T BUY
It's a tortured company with too many environmental issues, while Chinese demand has cooled.
BUY

It's a multi-year move--a long-term investment--though he prefers Cleveland Cliffs. He recommends VALE.

WATCH
They are pro-cyclical. The trend broke during last year. It would need to hold in the $11.50 range to get over the dam disaster.
COMMENT
A large Brazillian iron ore company. Really volatile. Really cleaned up their balance sheet with decent debt-to-earnings. It's starting to recover. Don't expect a huge pick-up on iron ore prices, but going steadily. If the USD suffers serious weakness, then the price of iron ore will rise and VALE, but he doesn't see massive U.S. dollar weakness in the short term.
DON'T BUY

This is a Brazilian company, very big in iron ore. They own Inco in Canada. He got out when the Brazilian government said that it wanted to get involved in Vale’s operations. As long as the Brazilian government has a major say in Vale, they will be looking out more for Brazil and less for the shareholders. He will not invest under such circumstances.

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