Daily Stock Opinions and Ratings

Wealthica The ultimate 360° Tracker Your financial life in one place, automatically

Opinions

Peter Arender, CFA Alcan Aluminum AL-T BUY ON WEAKNESS Apr 21, 2004

Based on what it is earning right now, it is fully valued. Would buy 20/25% lower.

Peter Arender, CFA

Unlock Rating

$57.600

Stock price when the opinion was issued

integrated mines

It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

Get Signals Create your Watchlist

You might be interested:

SELL

Stock had a good top because of the offer from Alcoa (AA-N). Whatever happens to the price of aluminum in the near term will not be based on fundamentals. A lot of variables are going on, so there is no assurance the stock will go higher. If you own, take some partial profits.

PAST TOP PICK

(A Top Pick June 19/06. Up 92.5%.) Take some of your money off the table.

HOLD

Early on in the process of a bidding war. If you own, continue to hold. Main risk is a Pac Man defence where Alcan tries to buy Alcoa (AA-N). You might lock in a bit of profit at this point.

COMMENT

Has been a long term favorite of hers. Has just had a big pop, and they sold some.Expects the company to go higher.They've maintained a conservative balance sheet.

HOLD

If you're a short term trader, you've made an excellent return, take some profits. If you are a long term investor, hold.

PAST TOP PICK

(Past Top Pick Oct 18/06. Up 115%.) Being acquired and trading very close to the takeover price, so he sold his holdings.

TRADE

There is a takeover bid in play. (caller asked how) To sell your shares, you can tender your shares, (call your broker), or sell on the market. Recommends tendering.

PAST TOP PICK

(Top pick Nov 14/06. Up 80%)

PAST TOP PICK

(A Top Pick Feb 15/07. Up 52%.) Chose it because it was a takeover target. It was acquired last fall.

PAST TOP PICK

(A Top Pick Nov 23/05. Up 130% at the point that Rio Tinto (RTP-N) acquired it.

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : hello@stockchase.com.

Peter Arender, CFA Alcan Aluminum AL-T BUY ON WEAKNESS Apr 21, 2004

You might be interested:

Alcan Aluminum(AL-T)

Alcan Aluminum(AL-T)

Alcan Aluminum(AL-T)

Alcan Aluminum(AL-T)

Alcan Aluminum(AL-T)

Alcan Aluminum(AL-T)

Alcan Aluminum(AL-T)

Alcan Aluminum(AL-T)

Alcan Aluminum(AL-T)

Alcan Aluminum(AL-T)

Latest Buy Signals

Today's Top Picks

Popular Articles

Latest Sell Signals

Most Recent Experts

Kim Bolton

Stockchase Insights

Jim Cramer - Mad Money

Paul Harris, CFA

The Panic-Proof Portfolio (Stockchase Research)