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Wednesday, October 10, 2012
Investopedia: Alcoa Is A Potential Value Call
Alcoa (NYSE:AA)
is looking like a pretty good example of a company that is doing a lot
of the right things internally, but can't make much objective progress
in the face of significant industry and economic headwinds. Alcoa seems
better positioned than Noranda (NYSE:NOR), Century Aluminum (Nasdaq:CENX) or Rio Tinto (NYSE:RIO),
and the stock is trading below historical forward multiples, but it
seems hard to imagine the stock really moving until aluminum prices
improve.
Continue reading here:
http://www.investopedia.com/
Continue reading here:
http://www.investopedia.com/
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