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Big Daddy Alcoa as an Aluminum play?
Feb. 22, 2011 10:35PM PST
Long TailBusiness Insider analyzes Alcoa’s (NYSE:AA) position in the aluminum industry.
Business Insider analyzes Alcoa’s (NYSE:AA) position in the aluminum industry.
The editorial is quoted as saying:
Alcoa bottomed out in early 2009 and has had a difficult time rallying. But Alcoa’s not alone: many large-scale aluminum manufacturers are having a difficult time following the spot price, much less beating it. CHALCO (ACH), Century Aluminum (CENX), and Noranda Aluminum (NX), a much smaller company in terms of Market Cap, are trending upward but have failed to consistently match the market.