Buy the Dip in Vale, Here’s Why

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The stock has gained 27.8% over the past year. Its revenue and EPS have grown at CAGRs of 35.7% and 74.7%, respectively, over the past three years. VALE paid $7.60 billion in first-half dividends, its largest payout since its 2019 dam collapse. Moreover, its top line and bottom line increased in the second quarter. So, the stock’s near-term prospects look promising.

Here are the factors that could shape VALE’s performance in the upcoming months:

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