Buy, Sell or Hold: Alcoa (AA-N) — Stock Predictions at Stockchase

NYSE:AA

43.78

2.75 (5.91%) 1d

Showing 1 to 15 of 174 entries

DON'T BUY

Minerals have had a huge run. How sustainable is this underlying demand? He thinks there will be a pullback, as with BHP. Don't buy something top of market. If you've made money, take some off the table. At these levels, stay away.

non-base metal mining

BUY

Continue to own this into earnings.

non-base metal mining

COMMENT

They report Thursday. They reported a great quarter last time. However, many cyclicals have peaked. Aluminum goes into everything, and the rising cost has squeezed gross margins of a lot of the buyers.

non-base metal mining

HOLD

Would hold but not buy more. Aluminum names might top base metals. So important in light weighting vehicles. EV is also a tailwind. There is consumer product demand too which is cyclical. Diversify in the base metal space.

non-base metal mining

SELL

He thinks will rollover. It's been far too high up along with other commodity stocks.

non-base metal mining

BUY

They're not getting credit for delivering a great quarter. This is not the Alcoa of old.

non-base metal mining

DON'T BUY

Sold this over a year ago. It has gotten ahead of themselves. There are better values in less cyclical businesses that will have long term earnings growth. It is exposed to commodity prices. It is probably too late and the rebound has already happened.

non-base metal mining

PAST TOP PICK

(A Top Pick Mar 26/19, Down 18%) He sold it in September.

non-base metal mining

SELL

He sold last year. It has since taken another hammering. Aluminum price will benefit from a stronger economy. This is a light metal and so every new generation of cars and airplanes will use it. There is nothing special about AA-N and it is a difficult place to be.

non-base metal mining

BUY on WEAKNESS

A cyclical stock, so wait till it's beaten up. AA is in good shape with strong cash flow and they're a low-cost producer. China has cut back on capacity, so we're close to a turn.

non-base metal mining

TOP PICK

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

BUY

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

PAST TOP PICK

(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

HOLD

Metals look interesting, but he would consider other names before Alcoa. Hold, don't sell this.

non-base metal mining

BUY

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

Showing 1 to 15 of 174 entries

Alcoa(AA-N) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 3

Total Signals / Votes : 6

Stockchase rating for Alcoa is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Alcoa(AA-N) Frequently Asked Questions

What is Alcoa stock symbol?

Alcoa is a American stock, trading under the symbol AA-N on the New York Stock Exchange (AA). It is usually referred to as NYSE:AA or AA-N

Is Alcoa a buy or a sell?

In the last year, 6 stock analysts published opinions about AA-N. 2 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Alcoa.

Is Alcoa a good investment or a top pick?

Alcoa was recommended as a Top Pick by on . Read the latest stock experts ratings for Alcoa.

Why is Alcoa stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Alcoa worth watching?

6 stock analysts on Stockchase covered Alcoa In the last year. It is a trending stock that is worth watching.

What is Alcoa stock price?

On 2021-12-01, Alcoa (AA-N) stock closed at a price of $43.78.

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