Buy Rio Tinto (RIO) by Jay Yao in The Motley Fool CLOSED

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  3. Buy Rio Tinto
  • Performance

    15.76%

  • Price at start

    5,901.00p

    (ask)

  • Price at close

    5,379.00p

    (bid)

  • Tip made

    21/01/2021

  • Tip Status

    Closed

    22/01/2024

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Tip Notes

"...Because I think iron demand will increase in the future given the development of many emerging markets, I’d buy Rio Tinto shares. But, because the commodity cycle is inherently unpredictable, I’d give it the same weighting in my portfolio as it has in the FTSE 100." - Jay Yao, The Motley Fool

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