A canoe navigates the Rio Negro with very low water levels in Brazil, on September 25, 2023. The drought is the result of El Nino and has been exacerbated by climate change.

One company to watch right now is Rio Tinto (RIO). RIO is currently holding a Zacks Rank of #2 (Buy) and a Value grade of A. The stock holds a P/E ratio of 8.58, while its industry has an average ...