Companhia Vale Ads (NYSE:VALE)
CAPS Rating:
A leading producer and exporter of iron ore and pellets, Vale has mining operations in 21 countries.
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A leading producer and exporter of iron ore and pellets, Vale has mining operations in 21 countries.
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The stock has been hammered due to combo of emerging market company and commodities player. Vale is very profitable and pays a nice dividend. They will benefit from continued iron ore demand.