Daily Stock Opinions and Ratings

Opinions

Ron Meisels Alcan Aluminum AL-T BUY ON WEAKNESS Dec 15, 2005

Has gone through a big problem with its merger. Very often when you have an acquisition, people get disturbed and discard stocks that are actually very good. This one is in the resource area and is a good stock. There will probably be resistance at $50. A pullback to $42/43 would be a good buying opportunity.

Ron Meisels

Unlock Rating

$46.350

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.

Most Recent Experts

Stockchase Insights

5i Research

Michael Hakes - CFA, MBA

Murray Wealth Group

Stephen Weiss, Founder, Short Hills Capital Partners

Short Hills Capital Partners

Jim Lebenthal

Cerity Partners

Brenda Vingiello, CIO, Sand Hill Global Advisors

Sand Hill Global Advisors

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.

Ron Meisels Alcan Aluminum AL-T BUY ON WEAKNESS Dec 15, 2005

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

Stockchase Insights

Michael Hakes - CFA, MBA

Stephen Weiss, Founder, Short Hills Capital Partners

Jim Lebenthal

Brenda Vingiello, CIO, Sand Hill Global Advisors