alcoa

Market Wrap-Up for Jan.11 (AA, LEN, WLT, FLR, BEN, more)

Filed in alcoa, dividend, downgrade, earnings, Gold Investment, o, outperform, shares, upgrade by on January 11, 2011 0 Comments

With the release of Alcoa’s ( AA ) results last night, investors should be getting primed for the deluge of earnings reports due out for the first quarter. The response to Alcoa’s numbers were muted, but homebuilder Lennar Corp ( LEN ) saw some some buyers following the company’s report this morning. There is a lot of chatter going on regarding the housing market potentially building a bottom, and we saw a similar positive reaction from the markets when KB Home ( KBH ) reported last week. My gut was that the financials would be the better candidate for a decent rebound in 2011, but it may make sense to watch the homebuilders for anecdotes as well. I still stick with my thesis on investing in real estate, which is to focus on multi-family/commercial units that throw off numbers that work each month. Buyers simply bought on the hope of price appreciation potential in the recent mania, and you see how that worked out in the end. Any price appreciation you get would be gravy if the rent-roll carries the properties and puts money in your pocket every month. Speculation in flipping condos burned many buyers the last few years and is something I would be guarded against trying. All this said, I still prefer dividend stocks for the liquidity and the fact that there are still great names that can be bought in today’s market at current valuations. Speaking of great names, we just added eight new names to our Best Dividend Stocks list today. Check out the link below if you did not read the e-mail alert we sent out earlier. We prefer investors not hurry into any names we first recommend, but instead look for entry points on pullbacks. Also, the two

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Alcoa Swings to Q4 Profit, Beating View (AA)

Filed in alcoa, dividend, Gold Investing, o, revenue, shares by on January 11, 2011 0 Comments

Aluminum producer Alcoa Inc. ( AA ) late Monday said it swung to a fourth quarter profit, beating analyst expectations, and forecast a 12% rise in aluminum demand in 2011. The Pittsburgh-based company reported fourth quarter net income of $258 million, or 24 cents per share, compared with a net loss of $277 million, or -28 cents per share, in the year-ago period. Excluding a one-time gain, adjusted profit was 21 cents per share. Revenue rose 4% from last year to $5.65 billion. On average, Wall Street analysts expected a smaller profit of 18 cents per share, albeit on slightly higher revenue of $5.71 billion. Alcoa shares fell 19 cents, or -1.2%, in premarket trading Tuesday. The Bottom Line Shares of Alcoa (AA) have a .73% dividend yield, based on last night’s closing stock price of $16.49. The stock has technical support in the $13 price area. If the shares can firm up, we see overhead resistance around the $17-$18 price levels. Alcoa Inc. ( AA ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.3 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Alcoa Upgraded to “Buy” at Deutsche Bank; Possible Comeback Play in 2011? (AA)

Filed in alcoa, dividend, Gold Investing, Gold Investment, o, shares, target, upgrade by on January 3, 2011 0 Comments

Aluminum producer Alcoa Inc. ( AA ) on Monday saw its rating and price target boosted by analysts at Deutsche Bank. The firm said it upgraded AA from “Hold” to “Buy” while boosting its price target from $14 to $22. That new target implies a 43% upside to the stock’s Friday closing price of $15.39. A Deutsche Bank analyst cited “growing optimism on both aluminum’s likelihood of higher prices and a belief that Alcoa has turned the corner from an operational point of view, which could spark a revaluation of its shares” for the move. Alcoa shares rose 48 cents, or +3.1%, in premarket trading Monday. The Bottom Line Shares of Alcoa ( AA ) have a .78% dividend yield, based on Friday’s closing stock price of $15.39. The stock has technical support in the $13 price area. If the shares can firm up, we see overhead resistance around the $17-$18 price levels. Alcoa Inc. ( AA ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.3 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Top 3 Aluminum Stocks to Play Soaring Demand in China

Filed in alcoa, economy, Gold, Gold Market, lead, Rio Tinto, shares by on October 15, 2010 0 Comments
Top 3 Aluminum Stocks to Play Soaring Demand in China

Aluminum imports to China are expected to increase more than 25 times by 2015. You read that right… The Chinese are gearing up to devour aluminum on a scale previously unimaginable, boosting imports from 200,000 tons to over 5 million tons in five short years! And owning shares of companies that produce aluminum and aluminum-based products for export to China could leave a handful of perceptive investors juiced with heart-fluttering investment gains. Today, I’ll tell you about the top three public companies that are set to profit the most with projects and processing facilities in the two most important countries that export aluminum products to China. But first, I want clear up some common confusion about aluminum products… Investors are often confused by the differences between aluminum and alumina, and alumina and bauxite. Here’s exactly how it all breaks down: Bauxite A naturally occurring ore containing aluminum, oxygen, and hydrogen. Bauxite is the principal ore in the production of alumina. The bulk of world bauxite production (approximately 85%) is used as the feed stock in the production of alumina. Alumina A synthetically produced aluminum oxide that is derivative of bauxite. Over 90% of world’s alumina production is used as a starting material for the smelting of primary aluminum metal. Primary Aluminum A final aluminum metal product that is produced using synthetically produced alumina from naturally occurring bauxite. That means, primary aluminum is made from non-recycled materials. Secondary Aluminum Secondary aluminum is also a final aluminum metal product that is produced using recycled material from scrap. Aluminum is 100% recyclable without any loss of its natural qualities. Recycling aluminum requires only 5% of the energy used to produce primary aluminum from ore. The world’s most successful aluminum companies have established and manage the full production cycle— from the extraction of raw materials to the production of a final metal product. And it begins with controlling bauxite resources. The world’s resources of bauxite are spread around the world. There are only seven bauxite-rich areas: Western and Central Africa (mostly, Guinea), South America (Brazil, Venezuela, Suriname), the Caribbean (Jamaica), Oceania and Southern Asia (Australia, India), China, the Mediterranean (Greece, Turkey), and the Urals (Russia). Due to the limited supply of raw materials, the global aluminum industry has been consolidating for the past 20 years. And at this point, the main deposits of high-quality bauxites with high aluminum content are already divided up among the major players. These companies make up the largest producers of bauxite, manufacturers of alumina, and smelters of aluminum in the world; they’re at the helm of the global aluminum market. A handful of these specific companies could be getting ready to pay investors as… Aluminum imports to China are expected to jump 2,446% in five short years China is already the world’s largest producer and consumer of primary aluminum. But Texas-based Harbor Intelligence — the world’s leading authority on the global aluminum market — believes the booming Chinese economy will drive the demand for aluminum-based products skyrocketing between 2011 and 2015. In a recent report, Harbor Intelligence predicted China’s imports of primary aluminum may rise from 198,000 tons in 2011 to 5.04 million tons in 2015. Increased purchases by the world’s largest metals consumer may support an advance in global prices, specifically benefiting aluminum companies that produce aluminum products for export to China. Approximately 60% of China’s primary aluminum …

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Aluminum Corp. of China (ACH): ‘Big Time Profits’

Filed in alcoa, Bank Gold, commodities by on October 5, 2010 0 Comments
Aluminum Corp. of China (ACH): ‘Big Time Profits’

Filed under: International Markets , China , Newsletters , Commodities , Aluminum Corp of China ADS (ACH) , Stocks to Buy “Much of China’s continued economic growth is going to be fueled by rather mundane stuff, like aluminum, which is why we think it is time to consider Aluminum Corp. of China ( ACH ),” says China stock expert Keith Fitz-Gerald . The editor of The New China Trader explains, “Based in Beijing, Aluminum Corp. — also known as CHALCO — is the world’s second-largest alumina producer. “According to Pittsburgh-based aluminum giant Alcoa, Chinese consumption of aluminum is expected to grow by 21% in 2010. Growth in the rest of world is only expected to increase by 6% over the same time. Continue reading Aluminum Corp. of China (ACH): ‘Big Time Profits’ Aluminum Corp. of China (ACH): ‘Big Time Profits’ originally appeared on BloggingStocks on Tue, 05 Oct 2010 10:00:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Zacks Earnings Preview: Alcoa, Costco, Marriott, Monsanto and Pepsico – Press Releases

Filed in alcoa, earnings, Gold Prices, silver by on October 4, 2010 0 Comments

Zacks Earnings Preview: Alcoa, Costco, Marriott, Monsanto and Pepsico

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Freeport (NYSE:FCX) Earnings Report Should Reveal Economic Conditions

Although many were looking for Alcoa (NYSE:AA) to give some guidance as to economic conditions, Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX) will probably be a more accurate measure, although combined with Alcoa’s numbers, could give a snapshot of where the economy really is at, against the numerous assertions and conflicting reports out there. Tomorrow morning Freeport gives its earnings

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Dividend Market Wrap-Up for July 13 (CSX, AA, JPM, BAC, PNC, GS, more)

Dividend Market Wrap-Up for July 13 (CSX, AA, JPM, BAC, PNC, GS, more)

The market couldn’t wait to get the earnings-related ramp started as the buzz centered around the early results out of CSX Corp ( CSX ) and Alcoa ( AA ) this morning. It would be great to see a steady stream of good news from corporate America, but we will be taking a deeper look to see if the news is indeed as good as analysts will be gushing about. Share buyback announcements tend to coincide with earnings reports at times, but we would of course prefer to see companies lift dividend payouts, rather than using excess cash to buy back shares, including options that are issued to higher-level executives. Certainly not as rewarding to investors as most share buyback prophets would have you believe. Taking a look at today’s tape, financials pushed out in front on the back of a big upgrade call from brokerage firm Susquehanna. Names moving up on call included JP Morgan ( JPM ) , Morgan Stanley ( MS ) , and Goldman Sachs ( GS ) . Other names in the space that joined the rally included PNC Financial ( PNC ) and Blackrock ( BLK ) . The positive sentiment comes despite Federal Reserve Chairman Ben Bernanke once again trying to step up pressure on banks to begin lending more to smaller firms, which employ at least half of American workers. The jobs situation is something we will not ignore, and we see this becoming a bigger part of the earnings picture if consumer spending continues to contract (which it likely will). On a volume note, we did see a nice pick up on the NASDAQ with 4.64 Billion shares traded, while the NYSE came in at a somewhat respectable, but still somewhat light total of 4.64 Billion shares. We will continue to monitor out current dividend recommendations closely and are also keeping an eye out on dividend stocks that could be attractive moving forward currently not on our Best Dividend Stocks list. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Alcoa Swings to Q2 Profit, Boosts Aluminum Demand Outlook (AA)

Filed in alcoa, ceo, dividend, earnings, euro, Gold, Gold Investment, shares by on July 13, 2010 0 Comments
Alcoa Swings to Q2 Profit, Boosts Aluminum Demand Outlook (AA)

Aluminum producer Alcoa Inc. ( AA ) late Monday said it swung to a second quarter profit, beating expectations, and raised its estimates for aluminum consumption. The Pittsburgh-based company reported fiscal second quarter net income of $136 million, or 13 cents per share, compared with a net loss of $454 million, or 47 cents per share, in the year-ago period. On a continuing operations basis, earnings were $137 million, or 13 cents per share. Revenue surged 22% from last year, to $5.2 billion. On average, Wall Street analysts expected a smaller profit of 11 cents per share, on lower revenue of $5.05 billion. Looking ahead, the company said it expects aluminum demand to rise as a result of strong fundamentals. Alcoa CEO Klaus Kleinfeld said he sees an average demand growth rate of 6% per year, noting “You see robust consumption growth in places like China, Brazil, India, modest increases in North America and Europe. There’s a lot of very positive indications there of a real recovery in almost all of these markets … but I believe that the biggest risk is still the volatility that could potentially come from financial markets.” Alcoa shares rose 38 cents, or +3.5%, in premarket trading Tuesday. The Bottom Line We had removed shares of AA from our “recommended” list July 2, 2008 when the stock traded at $32.11. The company has a dividend yield of 1.10%, based on last night’s closing stock price of $10.87. The stock has technical support in the $9-$10 price area. If the shares can firm up, we see overhead resistance around the $12-$13 price levels. We are watching the shares closely, but would remain on the sidelines for now. Alcoa Inc. ( AA ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.3 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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What the Street Wants from Alcoa: Good News

Filed in alcoa, earnings, Gold Investing, Gold Prices, shares, silver by on July 10, 2010 0 Comments

Come on Alcoa Inc. (NYSE:AA), its shares are down 60% from its 52-week high, and if the company doesn’t have anything good to report, expect a new 52-week low and stocks to tank. That’s right, if Alcoa starts Monday’s earnings season of weak, all ma…

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All that Matters is Earnings Season, Starting with Alcoa

Filed in alcoa, earnings, Gold Investing, Gold Prices, lead by on July 10, 2010 0 Comments

You know the drill Masters.  Earnings Season kicks off Monday with Alcoa (NYSE:AA) leading the pack, we also get to hear this week from General Electric (NYSE:GE) and Google Inc. (NASDAQ:GOOG). The Street just needs a glimer of hope from these major …

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Dividend Market Wrap-Up for July 9 (V, NSC, ACE, NEM, GE, AA, YUM, more)

Filed in alcoa, Barrick Gold, dividend, Gold, Gold Investing, shares, ubs, upgrade by on July 9, 2010 0 Comments
Dividend Market Wrap-Up for July 9 (V, NSC, ACE, NEM, GE, AA, YUM, more)

We were happy to see the markets get some of its mojo back this week, but we will still be looking for better volume. . We pointed out an example in yesterday’s late day wrap-up about how the volume during sell-offs continues to be quite a bit larger than the volume on days we see the averages move substantially higher. We refuse to ignore the distribution factor and will not be swayed by market experts that pooh-pooh this trend. Today’s NYSE totaled 3.5 Billion shares, way off the 5 Billion number we have been seeing and way off the 6 Billion total during a couple of last week’s distribution days. We continue to monitor the names on our “recommended” list as well as many other names that are in our database. There are some potential names that are getting more attractive from a dividend yield standpoint that we are considering adding, but the list is very short. We will let subscribers know if the changes are made or if we need to trim more names from our narrowing list of favorites. As for today’s action, we saw Wall Street analyst upgrades help push up stocks like Visa ( V ) and Norfolk Southern ( NSC ) . Ace LTD. ( ACE ) ran up on news it will be added to the S&P 500. Commodity plays bounced up with gold stocks making a bit of a comeback after a recent pullback. Shares of Newmont Mining ( NEM ) , Barrick Gold ( ABX ) , and Agnico-Eagle Mines ( AEM ) were all higher. Looking ahead to next week, we will start to get some of the bigger names reporting results, such as General Electic ( GE ) , Alcoa ( AA ) , Yum Brands ( YUM ) just to name a few. Be sure to check out Dividend.com Premium this weekend for the latest watchlist updates as well. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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