AlcoaAADON'T BUYJun 14, 2013Stock price when the opinion was issued
As of Jun 10, 2026. Market Open.
He really likes commodities. There's a major commodity secular movement happening. Gold, silver, and uranium have all popped, and there's a rotation within the commodity space. All that AI stuff involves either rare earth or base metals.
This name is a base metal. Aluminum trade was soft for a while, but has picked up. These metals will be used everywhere, so he likes the demand. Yield is 1.08%.
Trying to form a base. It has kind of flat lined for well over a year. Normally it does well from the end of Oct until Feb. You are way too early to be a buyer at current levels. You may have an opportunity at the end of Oct.