Anglo American ‘a diamond in the rough,’ Barron’s says

Mining stocks have lagged behind the market, and Anglo American (NGLOY) has lagged behind mining stocks. Its shares, though, look like a buying opportunity for investors seeking a turnaround story, Andrew Bary writes in this week’s edition of Barron’s. Anlo American’s future, however, looks bright, as metal prices improve and the company vows to cut costs, improve operations, and make a strategic review of all its businesses, including a capital-intensive fertilizer project it’s building in the U.K., the author says.