Friday, September 23, 2011

Alcoa - AA

Aluminum rules! Click here to learn all about the best symbol on the periodic table, AL. Although aluminum's atomic number is that wicked number 13, I must assure you that there is nothing risky or shady about aluminum. My favorite metal company on the planet is Alcoa, Inc., stock ticker AA. Alcoa is a producer of primary aluminum, fabricated aluminum, and alumina, and is active in all major aspects of the industry, for example, technology, mining, refining, smelting, fabricating, and recycling. During the year ended December 31, 2010, aluminum and alumina represented more than 80% of Alcoa’s revenues. Non aluminum products include precision castings and aerospace and industrial fasteners. Alcoa’s products are used globally in aircraft, automobiles, commercial transportation, packaging, building and construction, oil and gas, defense, and industrial applications. AA is a global company that operates in 31 countries. AA has investments and operating activities in Australia, Brazil, the People’s Republic of China, Guinea, Iceland, Russia, and Saudi Arabia.

In addition to inventing the modern-day aluminum industry, Alcoa innovation has been behind all major milestones in the aerospace, packaging, automotive, building and construction, commercial transportation, consumer electronics and industrial markets for more than 120 years.

My take? Alcoa is going to run to the mid 20s within the next year and increase their dividend many times over the next few decades. Alcoa is rebuilding and expanding in developing nations. They continue to move up and on ward. As the economy recovers, Alcoa will be well positioned. Currently, 64% of shares are held by institutions. Like other metal stocks, AA tends to be volatile. This is an ignored company; highly valuable and ready for turnaround! If your looking for income then there is no better place to invest than in aluminum! AA is currently paying only $0.03 per share, it is a solid, reliable dividend. With increased sales of light weight hybrid vehicles, their Chinese expansion and the United States addiction to aluminum I must advise you to invest as much dinero as you can on Monday. Hold this cash cow for life! Alcoa has been around for decades and your Roth IRA portfolio will thank me later.

Click here to visit Alcoa's homepage, and here to visit their Investor Relations site. Watch these entertaining videos below. Not much has changed since 1970!

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