A very technology value added aluminum company, which is a leader in all their businesses, aerospace, auto, engineered products. Very technology oriented. It’s somewhat cyclical, but he sees earnings growing by at least 25%-30% a year for the next few years. A very, very cheap stock. Sees significant upside. Dividend yield of 0.81%. (Analysts' price target is $31.)
This was a split off from Alcoa (AA-N). He wasn’t a big fan of the combined company, and personally wouldn’t own either one right now. There is still a global glut of aluminum.
Arconic Inc is a American stock, trading under the symbol ARNC-N on the New York Stock Exchange (ARNC). It is usually referred to as NYSE:ARNC or ARNC-N
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In the last year, there was no coverage of Arconic Inc published on Stockchase.
On 2023-08-17, Arconic Inc (ARNC-N) stock closed at a price of $30.01.