Vale S.A. (NYSE: VALE) has been identified as one of the best NYSE stocks to buy under $20, with UBS raising its price target to $10 from $9 on August 4. The company reported improved operational and cost performance in all business segments in Q2, with copper and nickel sales rising year-over-year but iron ore shipments declining. Proforma EBITDA totaled $3.4 billion, showing a 7% increase quarter-over-quarter but a 14% decrease year-over-year. Vale S.A. produces and exports pellets, iron ore, manganese, and iron alloys, with operations divided into different segments. While VALE is considered a good investment, there may be AI stocks with greater potential.

Read more at Yahoo Finance: UBS Lifts PT on Vale S.A. (VALE) to $10 From $9, Keeps a Neutral Rating