5 Best Stocks To Own For 2015

5 Best Stocks To Own For 2015: Rio Tinto Plc(RIO)

Rio Tinto plc engages in finding, mining, and processing mineral resources. The company produces aluminum products, including bauxite, alumina, and aluminum; copper, gold, molybdenum, silver, and nickel; diamonds; minerals, such as borates, titanium dioxide feedstocks, high purity iron, metal powders, zircon, and rutile; thermal and coking coal, and uranium; and iron ore and salt. It primarily operates in Australia, North America, South America, Asia, Europe, and southern Africa. The company was founded in 1873 and is headquartered in London, the United Kingdom. Rio Tinto plc is a subsidiary of Rio Tinto Group.

Advisors' Opinion:

• [By Paul Ausick]

  The new mining company is called X2 Resources and, according to the companys announcement, it will seek value creating opportunities in the mining and metals sector. There are plenty of opportunities out there as the big miners like Glencore Xstrata, Anglo American, Rio Tinto PLC (NYSE: RIO), BHP Billiton Ltd. (NYSE: BHP) and others are shedding assets — or trying to. There do not appear to be a lot of buyers, and those that exist know how badly the sellers want to get rid of marginal assets.

• [By Paul Ausick]

  The warehouses have been getting heat for more than two years for long delays in shipping aluminum to buyers. The Coca-Cola Co. (NYSE: KO) filed a complaint with the LME in 2011 alleging that Metro brought aluminum into its warehouses and then refused to let the stuff leave, which caused delays in delivery, higher storage charges and higher prices for aluminum. Coke claimed that Goldman/Metro paid cash incentives to producers like Alcoa Inc. (NYSE: AA) and Rio Tinto PLC (NYSE: RIO) to store aluminum in Metro’s warehouses during the 2008 and 2009 recession.

• [By Alyce Lomax]

  In January, Rio Tinto (NYSE: RIO  ) CEO Tom Albanese walked without a payout. That's good news for the company's shar! eholders, because U.K.-based Rio Tinto had to write down $14 billion previous to his departure. Glance at a five-year chart and you'll see Rio Tinto has been on a downward trajectory for years. Unfortunate acquisitions marked his tenure and sullied his reputation.

source from Top Stocks To Buy For 2015:http://www.topstocksforum.com/5-best-stocks-to-own-for-2015-2.html