Alcoa's Shares Building In Lofty Expectations

4/10/18

By Valuentum

Image Source: President Donald Trump's Twitter

By The Valuentum Team

The White House is ready to defend the domestic steel and aluminum industries, and a natural winner, at least at face value, may be one of the largest players in the space, Alcoa (AA). The company is the globe's leading producer of primary and fabricated aluminum as well as the world's largest miner of bauxite and refiner of alumina. It is well-diversified across a variety of end markets, too: aerospace, automotive, and packaging, to name a few. Alcoa has been around for a long time (it was founded in 1889), but its prospects haven't been this lively in some time, in our view.

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