How similar are BHP and Rio Tinto as investment propositions?
Welcome to Stock Showdown, a new feature where we’ll use Morningstar research and insights to compare the business and investment merits of two companies.
The purpose of this article is to get you to think deeper about the pluses and minuses of different businesses and the factors you might consider before making an investment.
Today’s contenders
Over time, most industries tend to gravitate towards a small number of heavyweights. Pizza Hut and Dominos in pizza. Coles and Woolies in supermarkets. And in the world of Aussie mining majors, BHP (ASX: BHP) and Rio Tinto (ASX: RIO).
BHP and Rio have a habit of being mentioned in the same sentence. They are similar in size and have also delivered remarkably similar performance over the…
