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Vale S.A. (VALE): Mining for value in iron ore |
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| Nov 02, 2009 03:40 PM UTC |
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Tracked Blogger
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Via BloggingStocks:
Filed under: International markets, China, Brazil, Newsletters, Commodities, Oil, Stocks to Buy "We're adding Brazil's Vale S.A. (NYSE: VALE), the world's leading iron ore producer, to our model growth portfolio," says growth stock expert Stephen Leeb. In his The Complete Investor, he explains, "This outstanding company offers investors simultaneous stakes in two key areas: iron ore-a commodity essential to any and all infrastructure projects-and Brazil's appreciating currency, the real. "When it comes to understanding the importance of a commodity such as iron ore, the tale starts with China. Even with China's GDP growth again approaching double digits, the Chinese government continues to aggressively promote growth, offering consumers incentives to buy cars and investing in infrastructure, from roads to bridges to sewers to energy plants. Continue reading Vale S.A. (VALE): Mining for value in iron ore Vale S.A. (VALE): Mining for value in iron ore originally appeared on BloggingStocks on Mon, 02 Nov 2009 10:40:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments
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