4 Best Cobalt Stocks to Buy Now

2. Vale S.A. (NYSE:VALE)

Number of Hedge Fund Holders: 34  

Vale S.A. (NYSE:VALE) is a metals mining company that concentrates on the production of iron ore, nickel, and other metals. On December 6, Barclays analyst Amos Fletcher maintained an Overweight rating on Vale S.A. (NYSE:VALE) stock and lowered the price target to $15 from $16. 

Among the hedge funds being tracked by Insider Monkey, Texas-based investment firm Fisher Asset Management  is a leading shareholder in Vale S.A. (NYSE:VALE) with 18 million shares worth more than $242 million.