Rio Tinto PLC reported a 41% fall in net profit for 2022 and cut its payout to shareholders, reflecting a downswing in iron ore and copper prices. The world’s second-biggest miner RIO, -1.16% RIO, +1....
Tag: Rio Tinto PLC
Enphase Energy is a buy
Rio Tinto PLC: “You need to see commodity inflation come back. I will say, it’s a great hedge against long-term inflation, though.” NIO Inc: “That one seems very dicey.” ...
Service Corporation International is a good stock to own
MGM Resorts International: “I don’t really care for that group, but you know what, I think anything can bounce in that business.” Rio Tinto PLC: “I do think that it represents ...
I’m very bullish on Disney
Walt Disney Co: “I’m very, very bullish. Bought some stock last week for the Investing Club.” Rio Tinto PLC: “I do think that the minerals may have bottomed here. I do think it...
UnitedHealth, Wells Fargo, Pinterest and others
Check out the companies making headlines before the bell: UnitedHealth (UNH) – The health insurer’s stock rose 1.7% in the premarket after its quarterly earnings and revenue beat forecasts, and ...
I can’t recommend Simulations Plus
AT&T Inc: “That is a distinct hold. If it were $18, it’s a buy. If it was $23, it’s a sell.” Tilray Brands Inc: “Tilray is a total spec of which I’m not going t...
Alibaba, JD.com, Occidental Petroleum, Chevron and more
Take a look at some of the biggest movers in the premarket: Alibaba (BABA), JD.com (JD) – The e-commerce stocks were among China-based companies taking a hard hit on concerns about U.S. delistings, as...
Netflix, Peloton, Disney and more
Netflix logo Mario Tama | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Netflix – Shares of the streaming giant tanked 21%, on pace for their worst day s...
I prefer Rio Tinto over Vale
ChargePoint: “ChargePoint is part of a very challenged group. I’ve done a lot of soul searching and, of course, a lot of research on this group. There are too many players, and there has n...
I would buy some Novocure shares
GrowGeneration: “We very specifically said when that stock got into the $40s that it was done, that there wasn’t much more there, that we thought it was terrific, but we wanted to take the...