Why VALE S.A. (VALE) Outpaced the Stock Market Today

Shares of the company witnessed a loss of 8.16% over the previous month, trailing the performance of the Basic Materials sector with its loss of 4.67% and the S&P 500's gain of 3.38%. For the full year, the Zacks Consensus Estimates project earnings of $2.17 per share and a revenue of$41.5 billion, demonstrating changes of +18.58% and -0.69%, respectively, from the preceding year. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from t ...