3 reasons why the Rio Tinto share price could be a buy
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The ASX mining share Rio Tinto Ltd (ASX: RIO) has seen its share price fall more than 10% since May 2024, as the chart below shows.
Rio Tinto has suffered from volatility just like many other businesses. On Monday alone, the business dropped close to 5%.
Investors appear to be worried about how the start of Trump’s second term has led to a building trade war rather than strong conditions for the business world.
However, as an investor, I like lower share prices because of the better valuations that often come with this share price action.
I’ll tell you some reasons why I really like Rio Tinto shares.
Take advantage of lower prices
Buying at better valuations can significantly increase the potential returns….
