Alcan Aluminum (AL.TO) Buy, Sell or Hold

Home

Daily Stock Opinions and Ratings

Alcan Aluminum (AL.TO)

0.00

-0.00 (0.00%)

104 watching

BUY

A cyclical business and very strong in its sector. If you start to see a downturn, get out quickly.

TOP PICK

Came off on the earnings warning that it made in early January. There was also some confusion over the spin off of Novelis. Less levered in terms of its financial indebtedness, but more levered to the commodity. Feels that aluminum has the best fundamentals of any of the metals commodities.

DON'T BUY

Their costs are in a rising currency and their revenues are in a declining currency, so there's a margin squeeze. Energy prices have also risen. Really have nothing going for them.

BUY

In an excellent position to be buying at this point. There has been a sell off with the spin off of their rolling division. Outlook for aluminum is very bullish and could see it trading at the $0.90/0.95 level in the next 52 weeks. Also, any decrease in energy prices will be another catalyst.

BUY

Has become more oligopolistic over the last couple of years and that's been aided by the Peschne acquisition. Good management. Sold the spinoff and reinvested in Alcan. Aluminum looks relatively good.

DON'T BUY

Have yet to capture the spin-off on their balance sheet. Model price is around $51. Finding value elsewhere.

DON'T BUY

There has been some correction in the metals stocks that has washed over a number of companies. This one has been one of the weaker performers over the last year. Energy costs have hurt aluminum production.

HOLD

Spinning off their rolled products division. Expects it to go higher. Aluminum has been disappointing as a commodity. China is changing some of the rules that will make it harder for them to export aluminum which will benefit Alcan.

TRADE

Spinoff of Novelis is probably constructive for the Alcan shareholders.

TRADE

Of the commodity stocks, it has been a huge disappointment. Unlike other commodities which are in short supply in China, aluminum is actually exported. Starting to look at this to see if it is cheap compared to others. Haven't reached a conclusion yet. Spin off should be worth looking at.

BUY

One of his favourite base metal companies. New management has done a great job in restructuring and re-focusing. The spin off will be a relatively high dividend paying stock. The drop in price creates a good buying opportunity.

BUY

Once the spinoff occurs, it will give Alcan a little more leverage to the upside. Statistically, it looks the cheapest of the majors. Outlook for aluminum looks decent. Should see one last cyclical move up.

BUY

When Novelis is spun off, he doesn't expect much change in the share price.

TOP PICK

Just spun off their products division. 1% yield. Aluminum prices should go higher over the next few years.

PAST TOP PICK

(A Top Pick Oct 20/04. Up 3%.) When the spin-out happens in January, the valuation of the new Alcan should be positive.

Showing 226 to 240 of 508 entries

Most Recent Experts

Joe Terranova

Virtus Investment Partners

Stephen Weiss, Founder, Short Hills Capital Partners

Short Hills Capital Partners

Rob Sechan, Managing Partner, New Edge Capital

New Edge Capital

Gordon Reid

GoodReid Investment Counsel

Jim Cramer - Mad Money

CNBC

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 : [email protected].

Summer Sale

Alcan Aluminum (AL.TO)