Shares of Petrobras and Cliffs Natural Resources are shining again in stock market trading today. Please note that Petrobras was named the undervalued stock of the year by this blog for 2015. With these low asset prices for both companies, now could be a supreme time to buy shares or add to positions to lower cost per share. While no one knows if and when these stocks will start going up consistently, we do know that both companies pay healthy dividends to pay you to wait.
Disclosure, I am long both companies.
Disclosure, I am long both companies.
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