Buy, Sell or Hold: Rio Tinto (RIO-N) — Stock Predictions at Stockchase

NYSE:RIO

65.88

0.34 (0.52%) 1d

Showing 1 to 15 of 52 entries

PAST TOP PICK

(A Top Pick Jul 27/20, Up 26%) Had a good run. Iron ore prices have corrected. Interesting area around this price. He'd want to see it turn higher over the next 2-3 weeks before he added new positions. If we're in a commodity cycle, this could be a leading stock for a very long time.

other mines

BUY

Cyclicals and resource stocks will continue to do well. Worries of China slowing triggered a sell-off but these stocks are coming back. RIO is global with assets in investor-friendly countries. He likes their asset mix. The dividend is safe, but beware of withholding taxes on this. He's still buying this.

other mines

BUY

Just declared a very sizeable, special dividend. Stock dropped once that was announced, which is not atypical. Great way to play diversified materials. Iron ore has pulled back, and this is impacting the stock. Took out its old highs in January, and this usually means a new run for the stock. Buy here, if you can stomach the consolidation. Looking to be a strong performer for the next 1-2 years.

other mines

BUY

Both Australian plays. You get global plays and get exposure to a lot of metals. Mostly copper, iron ore and some energy. Hasn't bought in Canada since there are no quality companies - they were all bought by BHP and RIO. Everybody should own some global metal stocks. Buy to trade.

other mines

BUY

Metals and Mining sector. It is performing well right now. March and into April it should perform quite well due to seasonal strength. It can continue to move higher. He would put a trailing stop on it sometime in March.

other mines

BUY

Billy Kawasaki’s Insights - Picks from 5i Research. The stock is currently trading at 10x earnings, making it very cheap. If we see a rally in metals, earnings have a good leverage. They pay a healthy dividend and the balance sheet is strong. It is sensitive to commodity prices however. Unlock Premium - Try 5i Free

other mines

BUY

An Aussie play on Chinese demand for coal and steel, since RIO supplies iron ore. The Chinese industry is at capacity now, though. India's steel industry is booming now at a busy stage of industrialization, so RIO can benefit from this.

other mines

TOP PICK

We're at the bottom of the resource cycle. Rio is broadly diversified with a great portfolio or properties. The dividend pays 7%. It just broke out of a 5-year base. This is an under-owned group. (Analysts’ price target is $62.11)

other mines

BUY

If you are in a 'V' shaped recovery you should own some material stocks. Demand and supply always corrects itself. They've all had a nice little bounce. Look at it with a twelve month view.

other mines

WEAK BUY

If you want a diversified metals player this is a good one. He has owned before. You need to trade around on this one. Adding a little at this level is safe.

other mines

COMMENT

Commodities get vulnerable when there is concern about the market. If he was to buy a metals producer he would buy RIO-N, which is sitting on a rising moving average. TECK.B appears to have lost its upward momentum. The yield on both of these is above 5% and it will become a favorite space once investors regain their confidence.

other mines

PAST TOP PICK

(Past Top Pick, August 16, 2017, Up 16%) Sold in March around $55. He expects a near-term turn in the basic materials, which have enjoyed good recent weeks. Look at this space now.

other mines

DON'T BUY

Rio Tinto (RIO-N) versus BHP (BBL-N). These are the two biggest global mining companies in the world. You want to own these when the underlying commodity prices do well. In the near term their underlying commodity prices are struggling, so he would not own either one.

other mines

PAST TOP PICK

(A Top Pick September 29/17 - Up 24%) They were bullish in commodities coming into this year. This is the largest miner. Still like it.

other mines

PAST TOP PICK

(A Top Pick May 30, 2017. Up 41%). Investors always go back to cash. Despite their problems, oil companies and mining companies still produce a lot of cash. When things go slower, these companies stop investing (lower CAPEX) and their free cash flow goes up more. He anticipated last year that with all that free cash flow, people would start buying the stock.

other mines

Showing 1 to 15 of 52 entries

Rio Tinto(RIO-N) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 5

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 5

Stockchase rating for Rio Tinto is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Rio Tinto(RIO-N) Frequently Asked Questions

What is Rio Tinto stock symbol?

Rio Tinto is a American stock, trading under the symbol RIO-N on the New York Stock Exchange (RIO). It is usually referred to as NYSE:RIO or RIO-N

Is Rio Tinto a buy or a sell?

In the last year, 5 stock analysts published opinions about RIO-N. 5 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Rio Tinto.

Is Rio Tinto a good investment or a top pick?

Rio Tinto was recommended as a Top Pick by on . Read the latest stock experts ratings for Rio Tinto.

Why is Rio Tinto stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Rio Tinto worth watching?

5 stock analysts on Stockchase covered Rio Tinto In the last year. It is a trending stock that is worth watching.

What is Rio Tinto stock price?

On 2021-10-22, Rio Tinto (RIO-N) stock closed at a price of $65.88.

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