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Vale S.A. (VALE): A Bull Case Theory 

We came across a bullish thesis on Vale S.A. on r/Valueinvesting by cameronreilly. In this article, we will summarize the bulls’ thesis on VALE. Vale S.A.'s share was trading at $16.65 as of February 13th. VALE’s trailing and forward P/E were 12.91 and 8.13 respectively according to Yahoo Finance.

[caption id="attachment_520306" align="aligncenter" width="750"] Copyright: tomas1111 / 123RF Stock Photo[/caption]

Vale S.A. (VALE), Brazil’s iron-ore giant, is the world’s largest producer of iron ore and nickel, with significant copper and manganese...