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Jim Cramer calls Brazilian miner Vale an inflation hedge as strong as cryptocurrency.

Market News
31 Aug 2026
24/7 Wall Street
View Source
Bullish
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Jim Cramer highlighted Brazilian mining company Vale as an effective hedge against inflation, comparing it to cryptocurrency due to its strong commodity exposure in iron ore, copper, and nickel. Vale reported robust Q2 FY26 results with revenue up 19.2% year-over-year and significant dividends and share buybacks planned. Cramer also supported Apple as a solid long-term buy despite upcoming leadership changes, trusting outgoing CEO Tim Cook's endorsement of his successor. Additionally, Cramer defended Cisco's strong quarterly performance despite conservative future guidance that temporarily impacted its stock price.

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