164

Alcoa (AA-N)

ON STOCKCHASE SINCE Feb 2002

aluminum

non-base metal mining

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Alcoa
AA-N

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Signal	Opinion	Expert
TOP PICK	Alcoa(AA-N) March 26, 2019 Aluminum is a growth metal because it's light. Incredibly low price. Deleveraged, cut costs. Still generating free cash flow at low commodity prices. Don't need much to go right to move forward significantly. Aluminum prices are bottoming, he thinks. Over time, demand will grow. Sees earnings doubling over the next year or two, which will impact the stock price. No dividend. (Analysts’ price target is $38.82) non-base metal mining 0 0 0 0 0 0 comments	Aluminum is a growth metal because it's light. Incredibly low price. Deleveraged, cut costs. Still generating free cash flow at low commodity prices. Don't need much to go right to move forward significantly. Aluminum prices are bottoming, he thinks. Over time, demand will grow. Sees earnings doubling over the next year or two, which will impact the stock price. No dividend. (Analysts’ price target is $38.82) non-base metal mining 0 0 0 0 0 0 comments Lorne Steinberg President , Lorne Steinberg Weal... Price $27.540 Owned Yes

BUY	Alcoa(AA-N) January 31, 2019 Only metal stock they hold. He is bullish on aluminium prices as there is demand from the automotive sector. The best in the business. A volatile stock. OK to own if you have a relatively long term horizon (5 years +). non-base metal mining 0 0 0 0 0 0 comments	Only metal stock they hold. He is bullish on aluminium prices as there is demand from the automotive sector. The best in the business. A volatile stock. OK to own if you have a relatively long term horizon (5 years +). non-base metal mining 0 0 0 0 0 0 comments Lorne Steinberg President , Lorne Steinberg Weal... Price $29.680 Owned Yes
PAST TOP PICK	Alcoa(AA-N) October 2, 2018 (A Top Pick November 28, 2017. Down 4%). Alcoa suffered from the trade barriers, but with the USMCA agreements, he thinks that the tariffs will come off and Alcoa will do better. non-base metal mining 0 0 0 0 0 0 comments	(A Top Pick November 28, 2017. Down 4%). Alcoa suffered from the trade barriers, but with the USMCA agreements, he thinks that the tariffs will come off and Alcoa will do better. non-base metal mining 0 0 0 0 0 0 comments Lorne Steinberg President , Lorne Steinberg Weal... Price $41.560 Owned Yes
HOLD	Alcoa(AA-N) May 23, 2018 Metals look interesting, but he would consider other names before Alcoa. Hold, don't sell this. non-base metal mining 0 0 0 0 0 0 comments	Metals look interesting, but he would consider other names before Alcoa. Hold, don't sell this. non-base metal mining 0 0 0 0 0 0 comments David Burrows President , Barometer Capital Ma... Price $48.570 Owned Unknown
BUY	Alcoa(AA-N) May 7, 2018 Aluminum remains a growth metal. He owns it because Aluminum is in a sweet spot as Chinese production has come off. You rent this stock, you don't own it. It is the right moment in time for this one. non-base metal mining 0 0 0 0 0 0 comments	Aluminum remains a growth metal. He owns it because Aluminum is in a sweet spot as Chinese production has come off. You rent this stock, you don't own it. It is the right moment in time for this one. non-base metal mining 0 0 0 0 0 0 comments Lorne Steinberg President , Lorne Steinberg Weal... Price $54.550 Owned Yes
BUY	Alcoa(AA-N) April 9, 2018 A cyclical stock. Aluminum is in a sweet spot as the Chinese cut back on capacity. There'll be a premium of aluminum prices. Rent, don't buy this stock. There could be share buybacks and dividend increases next year. Earnings will double in the next three years. non-base metal mining 0 0 0 0 0 0 comments	A cyclical stock. Aluminum is in a sweet spot as the Chinese cut back on capacity. There'll be a premium of aluminum prices. Rent, don't buy this stock. There could be share buybacks and dividend increases next year. Earnings will double in the next three years. non-base metal mining 0 0 0 0 0 0 comments Lorne Steinberg President , Lorne Steinberg Weal... Price $50.620 Owned Yes
COMMENT	Alcoa(AA-N) January 3, 2018 A tough one to analyse. They’ve put themselves in the position of being a low-cost producer of aluminum. Being a low-cost producer of aluminum is a mixed blessing, because you have high cost Chinese competitors that don't have to make money. They can lose unlimited sums. non-base metal mining 0 0 0 0 0 0 comments	A tough one to analyse. They’ve put themselves in the position of being a low-cost producer of aluminum. Being a low-cost producer of aluminum is a mixed blessing, because you have high cost Chinese competitors that don't have to make money. They can lose unlimited sums. non-base metal mining 0 0 0 0 0 0 comments David Fingold VP and Por, Dynamic Funds... Price $54.500 Owned No
TOP PICK	Alcoa(AA-N) November 28, 2017 Spun off its Arconic unit last year, making it a pure aluminum play again. Aluminum is in the sweet spot of metals, because it is a growth metal. Because it’s a light and strong metal, every new generation of cars and planes uses more aluminum, being more fuel efficient. They have a pristine balance sheet and minimal debt. Throwing off massive free cash flow. After years of suffering through very weak pricing environment for aluminum and alumina, the pricing cycle is starting to turn. A low-cost producer and poised to generate significant earnings growth. Trading at 28.7X trailing 12 months earnings, and he is looking for earnings to double over the next 3 years. As a cyclical company, you have to buy when the PE is high, and sell when the PE is low and it looks like a cheap stock. (Analysts’ price target is $55.) non-base metal mining 0 0 0 0 0 0 comments	Spun off its Arconic unit last year, making it a pure aluminum play again. Aluminum is in the sweet spot of metals, because it is a growth metal. Because it’s a light and strong metal, every new generation of cars and planes uses more aluminum, being more fuel efficient. They have a pristine balance sheet and minimal debt. Throwing off massive free cash flow. After years of suffering through very weak pricing environment for aluminum and alumina, the pricing cycle is starting to turn. A low-cost producer and poised to generate significant earnings growth. Trading at 28.7X trailing 12 months earnings, and he is looking for earnings to double over the next 3 years. As a cyclical company, you have to buy when the PE is high, and sell when the PE is low and it looks like a cheap stock. (Analysts’ price target is $55.) non-base metal mining 0 0 0 0 0 0 comments Lorne Steinberg President , Lorne Steinberg Weal... Price $43.300 Owned Yes
COMMENT	Alcoa(AA-N) October 23, 2017 The only mining stock he owns, because aluminum is a growth metal. Because it is light, every new generation of cars and planes has more aluminum. Aluminum has been in a down cycle for a long time. Alcoa has split itself into 2 companies. For aluminum, the up cycle is now here. This is a cyclical stock, so when it starts going up even further and looks really, really cheap, it is probably time to start looking at selling it, because it is a pure aluminum play. non-base metal mining 0 0 0 0 0 0 comments	The only mining stock he owns, because aluminum is a growth metal. Because it is light, every new generation of cars and planes has more aluminum. Aluminum has been in a down cycle for a long time. Alcoa has split itself into 2 companies. For aluminum, the up cycle is now here. This is a cyclical stock, so when it starts going up even further and looks really, really cheap, it is probably time to start looking at selling it, because it is a pure aluminum play. non-base metal mining 0 0 0 0 0 0 comments Lorne Steinberg President , Lorne Steinberg Weal... Price $47.930 Owned Yes
COMMENT	Alcoa(AA-N) July 24, 2017 Chart shows this was in a gently trending down-trend since February, and then broke out in June. The stock looks great, plus it is metal products and materials seem to be doing okay right now. The price of aluminum seems to be in an uptrend right now. non-base metal mining 0 0 0 0 0 0 comments	Chart shows this was in a gently trending down-trend since February, and then broke out in June. The stock looks great, plus it is metal products and materials seem to be doing okay right now. The price of aluminum seems to be in an uptrend right now. non-base metal mining 0 0 0 0 0 0 comments Keith Richards Portfolio , ValueTrend Wealth Ma... Price $36.690 Owned Unknown
COMMENT	Alcoa(AA-N) April 6, 2017 Being in the materials based metals space, it will be a beneficiary in a cyclical environment where earnings are going to start to grow. Share price has weakened off a little, along with the rest of the market. It has come down to the 100-day moving average which could be interesting. RSI is down to about 45, and it hit oversold levels about a week ago. It is certainly a name you could consider owning. non-base metal mining 0 0 0 0 0 0 comments	Being in the materials based metals space, it will be a beneficiary in a cyclical environment where earnings are going to start to grow. Share price has weakened off a little, along with the rest of the market. It has come down to the 100-day moving average which could be interesting. RSI is down to about 45, and it hit oversold levels about a week ago. It is certainly a name you could consider owning. non-base metal mining 0 0 0 0 0 0 comments Stan Wong Director &, Private Wealth Manag... Price $33.650 Owned No
COMMENT	Alcoa(AA-N) November 24, 2016 Split into 2 companies, Alcoa (AA-N) and Arconic (ARNC-N). He likes them both. Alcoa is a classic deep cyclical, where he bought it down 75%. Shares have rallied, but this is the commodity side. With all the shutdowns, aluminum demand is outstripping supply, so Alcoa has started to rally, with the new US rule requiring more aluminum content in cars. Arconic is a great value added area. These are cyclicals, so you buy them when they have no earnings, and sell them when they are selling at 6X earnings. non-base metal mining 0 0 0 0 0 0 comments	Split into 2 companies, Alcoa (AA-N) and Arconic (ARNC-N). He likes them both. Alcoa is a classic deep cyclical, where he bought it down 75%. Shares have rallied, but this is the commodity side. With all the shutdowns, aluminum demand is outstripping supply, so Alcoa has started to rally, with the new US rule requiring more aluminum content in cars. Arconic is a great value added area. These are cyclicals, so you buy them when they have no earnings, and sell them when they are selling at 6X earnings. non-base metal mining 0 0 0 0 0 0 comments Lorne Steinberg President , Lorne Steinberg Weal... Price $31.510 Owned Unknown
SELL	Alcoa(AA-N) November 15, 2016 Manufacturers of aluminum have not been very good stocks. Profit margins are not very good. He does not like to own stocks that lose money at the bottom of a cycle, and this is certainly one of those companies. There is a lot of risk with this. non-base metal mining 0 0 0 0 0 0 comments	Manufacturers of aluminum have not been very good stocks. Profit margins are not very good. He does not like to own stocks that lose money at the bottom of a cycle, and this is certainly one of those companies. There is a lot of risk with this. non-base metal mining 0 0 0 0 0 0 comments John Burke CEO & CIO, Burke Financial Stra... Price $30.210 Owned No
SELL	Alcoa(AA-N) September 2, 2016 (Market Call Minute.) Not particularly good momentum, highly volatile and low ROE’s. Has not been able to grow earnings. This is a Short for him. non-base metal mining 0 0 0 0 0 0 comments	(Market Call Minute.) Not particularly good momentum, highly volatile and low ROE’s. Has not been able to grow earnings. This is a Short for him. non-base metal mining 0 0 0 0 0 0 comments Jason Mann CIO & Co-F, Edgehill Patners... Price $10.130 Owned Yes
WAIT	Alcoa(AA-N) May 20, 2016 Wouldn’t go into this just yet. It is still firmly in the value investor camp. Starting to gain traction and commodity stabilization is starting. non-base metal mining 0 0 0 0 0 0 comments	Wouldn’t go into this just yet. It is still firmly in the value investor camp. Starting to gain traction and commodity stabilization is starting. non-base metal mining 0 0 0 0 0 0 comments Cameron Hurst Chief Inve, Equium Capital Manag... Price $9.110 Owned No

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