- Alcoa is facing a tough market, affected by inflationary pressures and the associated interest rate increases.
- The company has made good steps in controlling their production cost and is transitioning rapidly into "greener" aluminum products.
- Despite aluminum prices expected to fall towards the end of 2022, the EV transition may support demand.
- Trading at 4.7 times its forward earnings, and with very conservative quarterly earnings of $1 per share, shares offer a large upside potential.
For further details see:
Alcoa: You Gotta Know When To Hold'em, Know When To Fold'em