Tip of the day/idea
$AA (-0.26%)
Tomorrow come here new figures, I am optimistic here!
Is not entirely without risk, if necessary hedge with a stop.
General
Alcoa Corp. is a leading international producer of bauxite and alumina and a producer of processed aluminum in the form of various cast and rolled products. The company is active in all major segments of the aluminum value chain, including mining, smelting, processing and recycling. Alcoa Corp. is an international leader in bauxite mining, operates alumina refineries, aluminum smelters and rolling mills worldwide, and is active in the energy sector.
Why
+Aluminum continues to be in high demand ( Renewable energy theme, China asking more for Corona).
+Smelter shutdowns in China's due to poor power supply.
+Energy costs for production have dropped the last months
+Growth in general industry USA/Europe and especially China is still intact
+Upward trend still intact
+Dividend 0.99 percent
+Expectations are low to negative
Disadvantages
-Low growth
-copper and coal is more in focus with investors (Here I also build out, as among others Freeport $FCX (-0.91%) and Rio Tinto $RIO (-0.06%) )
-Costs are not so quickly brought under control
My Wikifolio Depot
https://www.wikifolio.com/de/de/w/wf66zzzzzz
Source
https://m.de.investing.com/news/stock-market-news/alcoaaktie-gewinnt-aluminiumpreis-konnte-laut-citi-positiv-uberraschen-432SI-2367985
