Aluminum Corp. of China Limited (ADR)
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Alcoa's Return To Profitability
By Shas Dey - April 19, 2013 | Tickers: AA, ACH, BHP
Alcoa (NYSE: AA) is generally seen as a barometer for global manufacturing as airlines, automakers, construction firms and home appliances use its products. Alcoa has seen difficult years, but with the recent better than expected first-quarter results, the company seems to be better positioned for growth.
Alcoa focused purely on aluminum rather than diversifying into other materials like copper or iron ore, which other global mining companies did. This continued more »
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Alcoa's Return To Profitability
By Shas Dey - April 16, 2013 | Tickers: AA, ACH, BHP
Alcoa (NYSE: AA) is generally seen as a barometer for global manufacturing as airlines, automakers, construction firms and home appliances use its products. Alcoa has seen difficult years, but with the recent better than expected first-quarter results, the company seems to be better positioned for growth.
Alcoa focused purely on aluminum rather than diversifying into other materials like copper or iron ore, which other global mining companies did. This continued more »
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Two Unloved Material Stocks Which Should Be Brought In From the Cold
By Declan Fallon - March 12, 2013 | Tickers: AA, ACH, PAL, PLG, SWC
My value scan is geared towards stocks which fall outside the mainstream of interest, but not necessarily lacking interest from buyers. Since the November lows, stocks attracting the most interest have come from cyclical sectors: Industrials, Discretionary and Financials. However, many of these stocks have driven themselves beyond attractive buy points, which makes building a position difficult. However, out of favor sectors - like Materials and Energy - contain stocks that are more »
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Two Unloved Material Stocks Which Should Be Brought In From the Cold
By Declan Fallon - March 12, 2013 | Tickers: AA, ACH, PAL, PLG, SWC
Note: a previous version of this article misstated Stillwater Mining Company's name. The error has been corrected.
My value scan is geared towards stocks which fall outside the mainstream of interest, but not necessarily lacking interest from buyers. Since the November lows, stocks attracting the most interest have come from cyclical sectors: Industrials, Discretionary and Financials. However, many of these stocks have driven themselves beyond attractive buy points, which more »
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Is This Aluminum Producer Cheap Enough Yet?
By Matthew Frankel - March 8, 2013 | Tickers: AA, ACH, FCX
After the oil bubble peaked in 2008, virtually all commodities took a nosedive. For example, crude oil prices retreated from over $144 per barrel to the $35 range in less than a year. Aluminum was no exception, falling from a peak of $3,070 per metric ton in August 2008 to a low of $1,340 in February 2009. Since then, it has rebounded to just above $2,000 per more »
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Is This Company’s Stock Worth Purchasing Now?
By Garima Arora - January 23, 2013 | Tickers: AA, ACH, CENX
One of the world's top producers of alumina and aluminum, Alcoa (NYSE: AA) recently declared its earnings and gave a positive outlook for 2013. It reported better than expected results, which were welcomed by the market. The company reported revenues of $5.9 billion, up by 1% from the previous quarter, but 2% down in comparison to the prior year.
Measurable aspects
Alcoa generated cash flows from operations of more »
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A Brighter Outlook for this Aluminum Giant
By Piyanka Agarwal - January 22, 2013 | Tickers: AA, ACH, ^DJI, RIO
The aluminum giant Alcoa (NYSE: AA) seems to have had an official kick start with its quarterly results announced last week. The in-line profits, and once again the better-than-expected revenue, seemed to have an impact on the investors. Overall, the company’s outlook for the fiscal year were raised with the global aluminum demand growth up to 7%. The company, which is a Dow Jones Industrial Average (DJINDICES: ^DJI) component more »
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Is It The Time to Buy Alcoa?
By Anindya Batabyal - January 15, 2013 | Tickers: AA, ACH, CENX, KALU
Alcoa (NYSE: AA), the largest U.S. aluminum producer, reported a Q4 profit of $242 million, or 21 cents a share, reversing the loss of $193 million a year ago. Excluding one-time items, the company earned $64 million, or 6 cents a share, reversing a year-ago loss of 3 cents a share. Revenue for the quarter fell 2% to $5.90 billion from $5.99 billion as aluminum prices remained more »
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Wait and Watch this Aluminum Producer
By Sanjay Dhanuka - January 13, 2013 | Tickers: AA, ACH, BHP, RIO
It’s a Wait & Watch to see better sheen in this Aluminum producer
The largest producer of aluminum in the US - Alcoa (NYSE: AA) has reported better than expected revenue. It beat analyst’s target of $5.6 billion by posting sales of $5.9 billion. Even the EPS was as estimated at $0.06. With 50-day SMA – $8.57, 100-day SMA – $8.75 and 200-day SMA – $8.87 it more »
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Emerging Chinese Aluminum and Copper Titans
By Nick Slepko - December 31, 2012 | Tickers: ACH, CHIM, COPX, JIXAY.PK, SHI
Prior to joining Global X Funds, Alex Ashby lived and traveled extensively throughout Asia. He currently manages a group of six ETFs covering the consumer, energy, financial, industrial, material, and technology sectors of the Chinese economy. The Global X China Materials ETF (NYSEMKT: CHIM) provides investors with exposure to materials companies in China and is designed to be a transparent, cost-efficient way to get access to the growing demand for more »
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What Does the Future Hold for Alcoa?
By Fani Kelesidou - December 31, 2012 | Tickers: AA, ACH, CENX |
With a market capitalization of $9 billion, Alcoa (NYSE: AA) remains at the forefront of the aluminum industry. Alcoa is the world's largest aluminum provider, as well as, a leading refiner of alumina and miner of bauxite.
Yet, over the past five years, the firm has lost about 70% of its value. Alcoa's five-year stock chart shows a sharp downward momentum. The stock reached the peak of $39 more »
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Alcoa Struggles While Chalco Expands in Indonesia
By Peter Pham - December 28, 2012 | Tickers: AA, ACH, ASEA, RBL
Alcoa’s (NYSE: AA) stock fell by almost 3% on Wednesday 19th December after Moody’s started a review of Alcoa’s downgrade after a year over year 22% slump in aluminum prices in the third quarter. The company’s current rating is Baa3, i.e., one step away from "junk." Alcoa has cut its smelting capacity by 12% and expects to incur restructuring charges of ~$160 million in more »
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Is This Aluminum Manufacturer A Good Stock to Buy?
By Meena Krishnamsetty - October 12, 2012 | Tickers: AA, ACH, CENX, FCX, KALU
Alcoa (NYSE: AA) is down 1% so far in 2012, continuing a bear run in the stock that has been going on for several years (the stock price peaked above $45 in July 2007 and now trades just above $9 per share). The stock was hit hard by the financial crisis and recession in the U.S., as might be expected given that the basic materials stock as a beta more »
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It is a Perfect Time to Invest in Alcoa for Long Term Growth
By John Mylant - June 8, 2012 | Tickers: AA, ACH
It is no secret that Alcoa (NYSE: AA) has struggled with the huge steady drop in Aluminum prices. It has been more than a year now that the global economy slump has hurt aluminum sales and sent the stock spiraling earthward from a high of 18 in early 2011 to about 8.54 at the writing of this article. But there are certain elements in play right now that will more »
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Outlook Not Bright for Aluminum Producers
By Tony Daltorio - April 16, 2012 | Tickers: AA, ACH, BHP, RIO
This past week stock market and commodity bulls alike pointed to a solid earnings report from the world's second-largest aluminum producer Alcoa (NYSE: AA) as proof that the global economy is continuing to strengthen. Alcoa reported that its net income dropped 69 percent and revenues were flat at $6 billion as compared with the year prior, which was above expectations. More importantly, the company announced profits of $94 million more »
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A Dow Component for the Recovery
By Chad Henage - March 21, 2012 | Tickers: AA, ACH
In the end, Alcoa is a long term play on a cyclical economic recovery. As the economy recovers, Alcoa’s aluminum products will be in greater demand. The company is beginning to position itself for this pickup in production, by increasing capital expenditures and inventory. If the stock does nothing for a year, the shares will go from fairly valued to significantly undervalued. Buying cyclicals is tricky, by trying to get ahead of the curve you can buy too early, get bored, and sell before the market correctly evaluates the opportunity. I'm giving Alcoa a green thumbs-up on CAPSCall today. There is just too much evidence that a turnaround is occurring, and the market doesn't appear to have caught on yet. Let me know what you think in the comments section below.
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Alcoa: Positive Outlook, Despite Decreasing Dividend
By Helen Hagan - March 16, 2012 | Tickers: AA, ACH, RIO
The dividend decision, made by the directors of a company, involves the amount and decreasing of any cash imbursements made to the company’s shareholders. The judgment is a significant one for the company as it may affect its capital structure and stock price. Additionally, the decision may determine the amount of taxation that investors pay.
Alcoa’s Dividend Policies:
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Is Alcoa a Gem?
By Elise Ralph - March 15, 2012 | Tickers: AA, ACH, CENX
There was a time when aluminum was more valuable than gold. Then, in the late 1800's, chemists found new ways to extract it and its price dropped 97% over five years. Commodities can be a tough business.
Over the course of 2008, as the recession began, stocks of aluminum accumulated, the spot price of Aluminum dropped by 60% and Alcoa (NYSE: AA), blue-chip giant in the aluminum business, dropped more »