A Contrarian View of Fortescue Metals (ASX: FMG)

Fortescue Metals is the fourth largest producer or iron ore in the world. The price of iron ore has seen volatility this year. The Chinese economy is stuttering, risking a lowered demand for metals. Over five years, Fortescue Metals has seen share price appreciation of 398.28% (as of 11:11 AM on 2 August), average dividend…