A lot of investors spend their time looking for best of breed investments; the best-run companies within particular sectors. However, what should an investor do when the entire breed is in disrepute and on the way to the pound? Alcoa (NYSE:AA) does indeed have a claim on being one of (if not the) best aluminum company out there, and is undervalued on long-term averages, but investors will struggle to get ahead with this name if aluminum prices don't rebound. (For more, see Earning Forecasts: A Primer.)
A Tough End to the Year
Alcoa arguably made the best of a bad situation in the fourth quarter. Results weren't bad relative to expectations, though there was some "noise," but absolute performance certainly showed some weakness.
Read the full piece here:
http://stocks.investopedia.com/stock-analysis/2012/Alcoas-Fourth-Quarter-The-Best-Of-A-Bad-Situation-AA-CENX-KALU-NOR0111.aspx
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