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After the 2020 spin-off, Arconic has been solely focused on rolled aluminum products in a market that will see a rapid rise in aluminum demand.
Despite rising more than 170% over the past 12 months, Arconic is still attractively priced and due to continue its rally.
2021 is set to be the start of a significant surge in sales, free cash flow, and EBITDA, which will allow the company to lower debt and buy back shares.