This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

6 Large-Cap Stocks to Consider

3. Vale is a metals and mining giant that produces iron ore and iron ore pellets.

During the second quarter of 2011, the company reported operating revenue of $15.3 billion, up 55% year over year. Sales to Asia contributed 52.1% toward total second-quarter revenue, up from 49.6% in the first quarter of 2011.

Operating income and net profit surged more than 60% each to $9 billion and $6.4 billion, respectively. The operating margin increased to 51.7% from 47.9% in the previous year's June quarter.

Eight-seven percent of analysts rate the stock a buy. On average, analysts expect the stock to gain 64% over the next year. Vale is trading at a P/E or 4.6 based on estimated 2012 earnings.

4 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG
E $38.68 0.00%
JPM $63.61 0.00%
ITUB $12.89 0.00%
PBR $9.53 0.00%
RIO $45.87 0.00%

Markets

DOW 18,024.06 +183.54 1.03%
S&P 500 2,108.29 +22.78 1.09%
NASDAQ 5,005.3910 +63.9670 1.29%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs