NYSE:VALE

Vale S.A. (VALE)

14.93
-0.21 (1.39%)
as of Jun 10, 2026, 8:00:00 pm Market Open.
65 watching
0
DON'T BUY

Very good company. All big cap companies are down significantly. You want to buy it when there is blood in the street. Their market is poor and there is political interference in their markets. You need to wait until market hits bottom and these prices have not hit a floor.

WEAK BUY

Dividend of 6% should be safe. He is a little bit concerned with some of these resources and especially Iron Ore. We are in a new phase of growth in China.

COMMENT
How do you feel about the expansion next year in the emerging markets? If you are positive on this, which he is, companies like this will do well. Analysts’ reports have much higher targets on the assumption there will be a commodity price move.
WAIT
Long term trend is still on the downside but seems to be trying to bottom at these levels. Historically base metal stocks have done best around November through until the spring.
DON'T BUY
(Market Call Minute.) Off 40% and has done worse then others. Iron and nickel are dependent on demand from China.
DON'T BUY
Miners are commodity producers and when you want to own a commodity stock is when commodities are rising or staying at a high level. The main commodity for this company is iron ore, which has done relatively well compared to other commodities. Generally he is negative on commodity stocks. New CEO is doing things for Brazil rather than the shareholders.
PAST TOP PICK
(Top Pick Mar 1/11, Down 28.55%) Got out late summer. Hade a mistake and would not be buying it now.
DON'T BUY
Sold his holdings because the out put of iron ore has been tremendous and there is too much coming on the market. Iron ore prices could go lower because of the huge amount of supply.
DON'T BUY
Low P/E forecasted for next year is only about 5.5 times. Time to buy this is when the PE is high. Have been basically flat for the last year. Be careful of commodity stocks when the PE is low.
BUY
Feels it has completed an ABC correction. An excellent Buy.
BUY
They purchased INCO not so long ago. One of the largest producers of Iron Ore. Nickel and Iron Ore produce stainless steel. Likes it at this level and it is a keeper.
TOP PICK
Going to spend 100 billion dollars in expansion from free cash flow. Lowest costs and largest reserves of iron ore of any of its piers. India is slowing down exports of Iron Ore.
PAST TOP PICK
(A Top Pick Aug 24/10. Up 23.77%.)
BUY
Just announced an expenditure of $10 billion over 5 years on projects in Canada. Company has an incredible stable of assets and if you want commodity exposure, they are good. A little richly valued. (See Top Picks.)
PAST TOP PICK

(Top Short Sept 28/09. Up 44.9%.) A pairs trade with Consolidated Thompson Iron (CLM-T). Collapsed the trade when the catalyst came.

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