It's Thursday, April 12th, and this is Market Foolery.

I'm Chris Hill joining me in studio today from Motley Fool Pro, Brian Henman,

and for a million dollar portfolio, Mr. Charlie Travers.

Gentlemen, happy Thursday.

Thank you.

We are going to engage in a round of undervalued, overvalued, overlooked for new listeners.

This is when we sort of step back from the day's news and really the guys come to the table with a couple of stocks they think are undervalued, a couple that are overvalued, and a couple of stories that frankly in everything going on with the financial media that are probably being

overlooked by most investors but let's start with the undervalued stocks Charlie

what's your undervalued stock so the mining sector has as a group been really beaten up over the last 18 months on

fears that the Chinese economy is slowing down and demand for commodities as a

result is going to drop. So companies like Rio Tinto, BHP Billetin, and Vale have all traded

down as a group, you know, a lot of them down 30, 40 percent. What I like about Vale is that it is located in Brazil and it's the largest iron ore producer in the world.

You get a 5% yield on the stock and I think it's, you know, the whole Chinese story could come to pass and China's a

massive consumer of commodities like iron ore and copper as they're building out

their infrastructure but Vale has a geographical advantage over these other

companies because of where it's situated in Brazil. Brazil just became the sixth largest economy

in the world. South America and Central America are seeing a lot of economic growth and they're going to need these

resources to build out their own infrastructure and I like Vale's position there.

Do they have, we talk from time to time about companies having pricing power.

Do, whether it's Vale or any of the others that you mentioned, do they have pricing power

or is it really just, are they more at the whim of, you know, the countries on the other side of the transaction.

Yeah, China, I would say China has the upper hand in that negotiation.

...