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NYSE:AA

Alcoa (AA)

59.42
+0.05 (0.08%)
as of Jun 18, 2026, 11:02:44 pm Market Open.
58 watching
0
DON'T BUY
Alumina market as being in distress for a very long time. The big costs are energy. Europe is in the recession and won't get better anytime soon. The Asian bubble may be popping to some extent.
COMMENT
They will be announcing on Monday after the bell, so it will be interesting. Technicians will be interested in how the stock reacts to the news. The key to this one is to see how it reacts.
WAIT
One of worst performs this year. Historically has done well in springtime 3’rd week in Jan. Look for signs of bottoming.
DON'T BUY
2 problems. This is a commodity stock and commodity stocks are not trained very well right now. Aluminum in general has not been a good performer because of oversupply.
DON'T BUY
Largest pure play aluminum company globally. Aluminum has been mired in doldrums for years. Inventories are at record highs. Fabulously run company, strong balance sheet and trading at low P/E ratio. Doesn't see aluminum as being the best commodity going forward.
DON'T BUY
Fairly heavily dependent on the overall level of economic activity. Large company so lots has to go right in terms of the economy for it to grow to much of an extent. Skinny dividend.
TOP PICK
Cyclical company. Low cost aluminum producer. China is actually a high cost producer. Have cheap electricity. A light metal that will double in demand. Earnings have bottomed out.
SELL
He is not positive on aluminum. There seems to be excess capacity globally. Hard for them to hold their price lines and this is what is showing up in their margins.
DON'T BUY
A materials stock – the second worst sector this year. If you believe economy is going to turn around, this is the one to own. He was stopped out of it. Look at a more defensive stock until we know about Europe and China.
DON'T BUY
Looking out, particularly like cyclical like this one, doesn't have too much earnings momentum. Economically sensitive. Wouldn't buy at these levels.
DON'T BUY
There could be bad news on the horizon still. Prefers BHP.
DON'T BUY
Will grow at 6.5% a year on aluminum shipments alone. Negative thing is that nothing is news. He looks for something the market is missing and is miss-pricing a stock.
DON'T BUY
Will unofficially kicked off earnings season on Monday. Has been beleaguered over the years by questionable management and poor decisions that didn't help shareholders. Prefers to play the metals area through other companies in Canada.
WAIT
Will be coming out with their numbers on July 11. Strong seasonality normally from October to December and then from February to May. There is a tendency for stocks like this to peak out at the end of April and then they tend to get hit.
COMMENT
Sold his holdings a few weeks ago, coming into the spring/summer months. This was a cyclical name. Still likes it, assuming the economy will resume its growth. With moderate growth, this company should do okay. Longer-term, he likes the stock.
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