Current Return: -18%
Investor: Stephanie Link
Well, the good news is that Stephanie Link’s pick of Vale (NYSE:VALE) is no longer sitting in last place. Then again, the only way to go as of our last update was up.
The company has gained one spot thanks to some ugly losses from GLDD, but VALE still has been on a steady downward trend. All in all, it has lost 18% since 2013 began.
So far, Link’s belief in the company’s ability to rise thanks strong exposure to emerging markets, improving internal fundamentals and attractive valuation simply haven’t materialized. But keep in mind that at this time last year, Banco Santander (NYSE:SAN) was sitting in eighth … and ended up with the bronze medal.
Then again, it wasn’t deep in the red despite that poor position, while Vale has quite a bit of ground to gain just to break even.