AlcoaAAWATCHJan 19, 2015Stock 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%.
Bottoms around the end of January and moves higher to the end of May of each year. Is not in an uptrend. It is below its 20 day moving average. He is watching it to see if it bottoms.