American aluminum giant
Alcoa (NYSE:
AA)
deserves credit for the internal operating improvements it has made in
recent times. Unfortunately, the company is still in the business of
selling aluminum and aluminum products, and that has long been one of
the least attractive industrial metals for investors. While Alcoa does
continue to look undervalued on the basis of historical valuation norms,
this stock will probably be a
value trap until and unless aluminum prices start picking up.
Click the link for more:
http://www.investopedia.com/stock-analysis/2013/Alcoa-Has-Improved-But-Its-Still-In-The-Aluminum-Business-AA-VALE-CLF-FRX0109.aspx
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