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NYSE:VALE

Vale S.A. (VALE)

15.42
-0.01 (0.03%)
as of Jun 18, 2026, 8:33:54 pm Market Open.
24 watching
0
TOP PICK
Top Short Pairs trade with Consolidated Thompson Iron Mines (CLM-T). Trading at more than 10X next year's cash flow and 15%-20% of revenues are from nickel that he doesn't like. Nickel is currently around $8.50 and expects a ceiling of $10-$11.
COMMENT
Buying out of the money Calls for Jan/10 and Selling Calls for the front month either at or in the money? A Calendar Spread by buying a longer-term option and selling a short-term option. Can give you the advantage of time value decay in the option premium. Not a bad strategy and has a pretty high success rate.
BUY
(Market Call Minute.) One of the great mining companies in the world now. If you believe in the long-term base metals story, this is one you could buy.
BUY
Likes basic materials and particularly metals. Stocks he owns bottomed Oct/Nov/Dec well before the indices. Historically these are where smart money gets invested. Thinks ore prices will continue to strengthen.
COMMENT
Cut their Japan-bound iron ore price by 28%. This was inevitable. Once you start cutting prices, you have to have a real recovery before you get any upward traction again.
COMMENT
Brazilian with mostly iron ore. Commodity play. Great balance sheet and cost structure. As a long-term resource play it is a good one to own. World economic recovery company.
BUY
Gives exposure to many base metals and commodities. Has had a rough go of it. Represents a buying opportunity because there are no debt issues. Has about $1.8 billion in cash and could do some major acquisitions without diluting equity holders.
BUY
They are the way to go in this market.
BUY
You play this for where you think iron ore prices are going to go. Encouraged by direction of negotiations. Prices for met coal are starting to show up. If you could see iron ore prices settle out in the same kind of correction, closer to 150-140 there would be significant upside to the stock. Well run company.
BUY
Largest and highest quality iron ore company globally. Brazilian. Balance sheet is very good so an excellent way to play the commodities market.
BUY
One of the premier base and bulk metal companies globally. Gives you exposure to Brazilian iron ore as well as Canadian nickel. Like every other material stock, it has been beaten up unmercifully.
TOP PICK
Could be a violent rally in the stock market and mining companies could be beneficiaries. Some of them have been driven down to ridiculous levels. This one is low-cost and has a strong balance sheet. Dominant position in iron ore and nickel. (Not a 1-year prediction, but a 6-month prediction.)
COMMENT
Iron ore. Very dependent on what happens in China, which is taking measures to alleviate the slowdown. Relaxing lending standards and reducing reserve requirements for banks. Expects recovery in property in the 2nd half of 2009 that could result in a pickup of demand for steel. Took on debt when they made acquisitions.
PAST TOP PICK
(A Top Pick Nov 9/07. Down 66%.) Largest iron ore company. Out of Brazil. Collapse in commodity prices has hurt them. 3 to 5 years out this will look to be like a screaming buy opportunity. Over the near term, there could be further downside.
DON'T BUY
Diversified metals. Got caught up in the whole metals/materials boom and has come off hard. Based in Brazil, which has had a huge correction.
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