5 Best Nickel Stocks to Buy Now

Page 5 of 5

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

Number of Hedge Fund Holders: 31    

Vale S.A. (NYSE: VALE) is the largest nickel producer in the world. It is ranked first on our list of 10 best nickel stocks to buy now. The company’s shares have returned 120% to investors in the past twelve months. The company has projected that nickel will be a mainstay in the EV battery industry over the coming years and as the largest nickel producer in the world, it is uniquely placed to take advantage of the upcoming boom. 

Vale S.A. (NYSE: VALE) is one of the mining stocks that investors should watch as China releases metal from national reserves in the open market in a move aimed at controlling surging commodity prices, potentially impacting the high prices of basic materials in the process. 

Out of the hedge funds being tracked by Insider Monkey, Washington-based investment firm Fisher Asset Management is a leading shareholder in Vale S.A. (NYSE: VALE) with 38 million shares worth more than $661 million.

You can also take a peek at Billionaire Stan Druckenmiller’s Top 10 Stock Picks and Billionaire Julian Robertson On Interest Rates and His Top Stock Picks For 2021.

Page 5 of 5