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Vale stock looks cheap with a PE ratio of 6 and a dividend yield of 11%. Here is my discussion on how and when to buy a cyclical. My passion is to look for low risk high reward investment opportunities. I apply my accounting skills and investing experience in order to find interesting investment ideas that offer the possibility to lead me towards my financial goals. If you are a sophisticated investor looking for in depth, independent stock analyses and investing ideas, here is my STOCK MARKET RESEARCH PLATFORM (business and sector risk and reward analysis, my portfolios): STOCK MARKET RESEARCH PLATFORM: https://sven-carlin-research-platform... Are you an investor that is just starting? Sign up for the FREE Stock Market Investing Course - a comprehensive guide to investing discussing all that matters: https://sven-carlin-research-platform... I am also a book author: Modern Value Investing book: https://amzn.to/2lvfH3t The below links are from third parties or channel sponsors where I get a fee from: I often get asked about brokers, here is a low fee broker, an international one that allows you to buy on global markets, and also offers complex solutions like options for when your investing skills grow. For now, it is one of the best solutions I have found for global investors, also based on your comments and inputs: https://www.interactivebrokers.ie/mkt...