15.08.2014 - BHP Billiton is restructuring
The company BHP Billiton has grown on background of statements by representatives of the company for the revision of the current product portfolio of the company. According to preliminary estimates, the company plans to focus on iron ore, copper, coal and oil business. It will also consider the future of the potash business. At the same time, nickel, aluminum and bauxite probably will not be the priority areas and will probably be sold or closed.
Considering stable financial performance of the company and the company's strategy aimed at optimizing of costs and production, we recommend to keep the stock in the long-term investment portfolio with growth potential up to 25% for the year.