Record Production and Strategic Investments Make It a Top Bargain
We recently published a list of 10 Ridiculously Cheap Stocks to Buy Right Now. In this article, we are going to take a look at where Vale S.A. (NYSE:VALE) stands against other ridiculously cheap stocks to buy right now.
The S&P 500 is currently trading at 23 times its forward earnings, indicative that the market is really expensive at the moment. On November 14, Alan McKnight, CIO at Regions Wealth Management, joined CNBC to share his stance on the market and his expectations moving forward.
McKnight agrees that the market is not cheap at the moment, however, this does not mean that investors halt buying. In fact, investors should continue to invest but be wary about volatility. He adds that opportunities are coming up as we head…
