Replies to post #7421 on The Rising Influence of Rising Affluence

[go seek]

Today Vale trading at 6.3 PE
If Vale matches 1H 13 earnings of $1.15

Cheap IMO

[wow_happens28]

Brazil stocks looking good as well, may have made a double bottom, USD/REAL falling today as that will help exports and VALE.

http://stockcharts.com/h-sc/ui?s=EWZ&p=D&yr=1&mn=0&dy=0&id=p16176965097

http://finance.yahoo.com/q/bc?s=USDBRL%3DX+Basic+Chart&t=5d