5 Best Value Stocks To Buy Now According To Howard Marks

3. Vale SA (NYSE: VALE)

Howard Marks raised his bet on iron ore mining company Vale SA (NYSE: VALE) by 55% in Q4 to 6.75 million shares. The firm first initiated a position in Vale during the third quarter of 2020. VALE is ranked third in the list of 10 best value stocks to buy now according to billionaire Howard Marks. The share price of the mining company surged almost 60% in the last six months alone. The rally in Vale’s stock price is backed by improving financial numbers and prospects for bigger dividends ahead. Vale SA was in 35 hedge funds’ portfolios at the end of December. The all-time high for this statistic is 36.