- I decided to update my thesis/rating and answer the question - is it still worth buying VALE at the moment?
- VALE can serve as an example of how a single company can gain an edge through the geopolitical situation on another continent.
- I believe that VALE is now in the best position to repeat its phenomenal performance of early 2020 to mid-2021.
- In my view, the main reason for this growth is the refusal of the Western countries to export Russian mineral resources and the flow of institutional capital to developing countries in Latin America.
- Based on the foregoing, I recommend paying your attention to this company.
For further details see:
Vale Is Set To Benefit From The Russia-Ukraine Situation