AlcoaAADON'T BUYJul 03, 2014Stock 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%.
Cyclical. China is slowing down. The stock is going up in anticipation of better earnings. Model $10.35, 30% negative differential. It is cheap. Prefers others, see Top Picks.