Is It Still Safe to Buy Rio Tinto plc (ADR) (RIO)?

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Foolish summary

Overall, Rio currently looks cheap compared to its peers and the company’s aggressive turnaround plan should soon return the company to profit. So, I believe that Rio Tinto still looks safe to buy at 2,880 pence.

In the meantime, please stay tuned for my next FTSE 100 verdict.

The article Is It Still Safe to Buy Rio Tinto? originally appeared on Fool.com and is written by Rupert Hargreaves.

Fool contributor Rupert Hargreaves has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned.

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