5 Best Gas Utility Stocks To Watch Right Now: VALE S.A.(VALE)
Vale S.A. engages in the exploration, production, and sale of basic metals in Brazil. The company also involves in fertilizers, logistics, and steel businesses. The Bulk Material segment consist of iron ore mining and pellet production, as well as its Brazilian Northern and Southern transportation systems, including railroads, ports, and terminals. This segment also includes manganese mining and ferroalloys. The Base Metals segment produces nonferrous minerals, including nickel, copper, and aluminum consisting of aluminum trading activities, alumina refining, aluminum metal smelting, and bauxite mining. The Fertilizers segment provides potash, phosphates, and nitrogen. The Logistic Services segment consists of transportation systems, including ships, ports, and railroads for third party cargos. This segment includes 10,179 kilometers of railroad infrastructure, 8 seaport terminals, 5 general cargo ports, and 2 iron ore export terminals. In addition, it generates energy thr ough hydroelectric power plants. The company was founded in 1942 and is based in Rio de Janeiro, Brazil.
Advisors' Opinion:- [By Ben Levisohn]
Rio Tinto (RIO) is up today. So are BHP Billiton (BHP) and Vale (VALE). But Cliffs Natural Resources (CLF) has dropped nearly 10% today despite being in the same business. The reason: The Cleveland-based iron miner took a $6 billion charge today.
- [By Ben Levisohn]
What’s this? The iron miners including Rio Tinto (RIO), BHP Billiton (BHP) and Vale (VALE) are getting killed but here’s the generally bearish Gordon Johnson of Axiom Capital upgrading Cliffs Natural Resources (CLF) to Hold from Sell. The reason? Valuation. Johnson explains:
source from Top Stocks For 2015:http://www.topstocksblog.com/5! -best-gas-utility-stocks-to-watch-right-now.html
