Vincent L.

Why I'm Not Buying Allegheny Technologies, Titanium Metals, or RTI International Metals, Just Yet

"My favoritism towards Allegheny Technologies, aside from its superior chart in August was its direct tie to the Boeing (BA)"


Not only ATI has LTA with the Boeing.
Titanium Metals Corp: "We have LTAs with certain major customers, including, among others, The Boeing Company (“Boeing”), Rolls-Royce plc and its German and U.S. affiliates (“Rolls-Royce”), United Technologies Corporation (“UTC,” Pratt & Whitney and related companies), Société Nationale d´Etude et de Construction de Moteurs d´Aviation (“Snecma”), Wyman-Gordon Company (“Wyman-Gordon,” a unit of Precision Castparts Corporation (“PCC”)) and VALTIMET SAS (“VALTIMET”)."
www.timet.com/pdfs/06a...


I agree with Jessica, ATI is a steel and specialty metals company rather than a titanium company. You need to compare apples to apples (not oranges to apples), should compare ATI to X or CRS (same sector), rather than to companies from another sector (TIE and RTI)

80% of ATI business is not titanium.
Nickel-based Alloys
Cobalt-based Alloys
Stainless Steel
Zirconium Alloys
Hafnium Alloys
Niobium Alloys
Tantalum Alloys
Tungsten Materials

20% of ATI business is titanium