Opinions Lorne Steinberg
AlcoaAACOMMENTJan 12, 2016
Lorne SteinbergOwned
$7.28
Stock price when the opinion was issued
$65.55
As of Jun 10, 2026. Market Open.
non-base metal mining
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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%.
Keith RichardsOwned
non-base metal mining
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Stockchase Research Editor: Michael O'Reilly This integrated producer of aluminum and the world's largest miner of bauxite is a TOP PICK. Recently reported earnings support a 30% ROE and cash reserves are growing, while the company buys back shares and retires debt. It trades at 10x earnings compared to peers at 21x and is valued at 1.5x book. We recommend placing a stop loss at $31, looking to achieve $60 -- upside of 25%. Yield 0.8% (Analysts’ price target is $78.64)
non-base metal mining
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In the process of splitting into 2 different companies. Commodity will be one and “value added” the other. US auto demand, in terms of aluminum, will be rising sharply over the next couple of years because of new emission standards. Every time they increase emission standards, cars incorporate more aluminum. Increasing Chinese supply has been putting pressure on aluminum pricing. Supply demand is slowly coming back into a better picture, and he thinks over time this is worth double the current share price.