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Notable earnings after Monday’s close: AA

Notable earnings after Monday’s close: AA

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Comments (1)
  • DeepseaDiver
    , contributor
    Comments (22) | Send Message
     
    For long term investors what matters is getting Alcoa at close to multi-year lows as we wait for a sector rotation. Iron ore and copper are in the same boat. The appealing factor with Alcoa is that they produce finished manufactured items for the auto and airline industries at nice profit margins. I'll be waiting to hear what CEO Klaus Kleinfeld has to say about this in this evening's con call. While I wait for global growth and infrastructure spending that will turn a glut into a demand, I'll be content with Alcoa's 1.5% yield.
    8 Jul 2013, 01:34 PM Reply Like
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