According to the average brokerage recommendation (ABR), one should invest in VALE (VALE). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?
VALE S.A. (VALE) reachead $11.32 at the closing of the latest trading day, reflecting a +1.8% change compared to its last close.
(Bloomberg) -- Chinese steel demand “has definitely plateaued” due to property woes, though the Asian nation’s appetite for the material is still at a “decent level,” said the head of the world’s second-largest iron ore producer.Most Read from BloombergWells Fargo Fires Over a Dozen for ‘Simulation of Keyboard Activity’Tesla Investors Back Musk’s $56 Billion Pay Deal, Texas MoveApple to ‘Pay’ OpenAI for ChatGPT Through Distribution, Not CashHunter Biden Was Convicted. His Dad’s Reaction Was Rema