Stocks to watch today: CSCO, GOOGL, LB >>> READ MORE

The 10 Best Stocks for 2013 – Who Will Win the Crown?

A few of these top stocks are slaying the broader market

      View All  

#10: Vale

best-stocks-of-2013-vale-stockYTD Return: -25%
Stephanie Link

Vale (VALE) — the world’s largest producer of iron ore — had a strong third quarter, but that was the only glimpse of good news that came for this Best Stocks for 2013 entry.

Last December, expert Stephanie Link felt confident that the metals and mining company would be one of the best stocks of 2013 because of its “strong exposure to the emerging markets, improving internal fundamentals and attractive valuation.”

But despite those fundamentals and a solid few months, things didn’t quite go as planned. In fact, the strong Q3 for VALE stock wasn’t enough to make up for the ugly losses it suffered in the first half of 2013. And in November, Vale continued its downward trend.

The result: VALE stock has shed a quarter of its value since Jan. 1. Those losses are almost as much as the broader market has gained, making this far from one of the best stocks of 2013.

Article printed from InvestorPlace Media,

©2017 InvestorPlace Media, LLC