Rio Tinto Group (NYSE:RIO) is one of the 14 stocks Jim Cramer recently looked at. During the lightning round, a caller asked about the company, and in response, Cramer said, “Big yield. I believe in the minerals. I think you’re fine.”
Aerial view of an open pit mine, with workers extracting minerals.
Rio Tinto (NYSE:RIO) explores, mines, and processes a diverse range of resources, including iron ore, aluminum, copper, gold, and minerals like lithium and borates. The company’s operations span from extraction to refining and distribution. Moreover, during an episode of Mad Money aired in May, Cramer showed quite a positive sentiment toward the company, as he commented:
“I like Rio Tinto. I like Rio. I like the yield. I like the company. It’s a globe-trotting company, so to speak. I like those guys.”
For context, over the past year, RIO stock went down more than 11%.
While we acknowledge the potential of RIO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure: None.
