VALE LONG Vale S.A. is a global producer of iron ore and iron ore pellets, key raw materials for steel making, and producer of nickel. The Company also produces copper, metallurgical and thermal coal, potash, phosphates and other fertilizer nutrients, manganese ore, ferroalloys, platinum group metals, gold, silver and cobalt.
VALE Currently has a strong buy signal and according to Forbes Hedge Funds are hungry for this safe stock. Vale is currently at $12.39 on Friday evening. My suggestion is go in at $12.39 or close to it on Monday - 12/9/19, you can do one of two things take a $11 call and take profits early or take a $12 call into the 1st or 2nd week of the New Year. Vale as you can see from the chart as reached as high as over $15+.
As a side note, no Stock Broker, Hedge Fund Manager or even Buffet can predict when a tweet, speech or picture is going to make the Market Drop, look what happened this week. Before you place a trade know your risk.
