AlcoaAADON'T BUYNov 17, 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%.
This has very strong seasonal characteristics. Historically it moves higher from around the latter part of November right through until late April of each year. Technically the stock is not looking good. It is still in a downward trend and has recently hit a new low. There are no signs of a bottoming yet.