Are stocks set to rip higher in the second half of 2024? Or will investors be in for a nasty October surprise? Market timing is tricky at any time, but particularly at a time when a single data point can swiftly swing investor sentiment from positive to negative or vice versa. That may be of interest to traders. However, buy-and-hold investors tend to follow a different plan. And that plan frequently includes finding blue chip stocks under $100.  Blue-chip stocks can have their moment, but they’re generally ...

The Industrial Products group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Alcoa (AA) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.Alcoa is one of 222 individual stocks in the Industrial Products sector. Collectively, these companies sit at #3 in the Zacks Sector Rank. ...

Loading...Loading...Morgan Stanley analyst Carlos De Alba has upgraded Freeport-McMoRan Inc FCX, Alcoa Corp AA, and Compañía de Minas Buenaventura SAA BVN to Overweight, citing persistent copper supply challenges and positive developments within these companies.Freeport-McMoRanDe Alba upgrades Freeport stock to Overweight. He expects the company to benefit from higher copper and gold prices, with a 26% upside to a $62 price target. FCX's delivery of the PT-FI smelter and the expected Grasberg mine agreement ...

会议主要讨论的核心内容 公司概况 - 公司是一家综合性铝业公司,拥有铝土矿开采、氧化铝精炼和铝冶炼等全产业链资产 [3] - 公司组织架构分为氧化铝和铝两大业务板块,其中氧化铝资产主要在Alcoa World Alumina and Chemicals合资公司 [4] - 公司是全球五大铝生产商之一,拥有87%可再生能源供电的铝冶炼资产,碳排放强度为行业平均水平的三分之一 [5] - 公司有三大战略重点:简化运营、为股东创造回报,以及可持续发展 [6] 最新动态 - 公司宣布收购合资公司Alumina Limited的40%股权,预计8月1日完成交易 [7] - 公司正采取措施改善业务组合和盈利能力,并有望从改善的市场环境中获益 [7] - 公司预计第二季度EBITDA将大幅改善,主要受益于价格上涨,但也面临一些成本压力 [8][9] 铝市场情况 - 整体铝市场目前供需基本平衡,但需关注中国外需求恢复速度和中国季节性产能收缩 [14] - 除欧洲建筑行业外,公司各区域和终端行业需求均呈1%-4%增长 [15] - 供给方面,新增产能有限,中国产量预计将维持在4500万吨以内 [16] 氧化铝市场情况 - 氧化铝价格创两年新高,主要受中国炼厂减产、几内亚供应不稳定以及澳大利亚气源供应中断等因素影响 [17] 成本节约计划 - 公司计划在未来几年内实现6.45亿美元的成本节约,主要来自原材料价格改善、生产效率提升等 [24][25][26][27] - 其中,IRA政策带来的税收抵免预计可为公司带来3000-3500万美元的收益 [29] 资产重组 - 公司正在出售亏损的西班牙San Ciprian冶炼厂,要求买家具备足够的财务实力和技术能力 [21][22] - 公司已完成华里克三号线重启,并正在逐步重启巴西Alumar冶炼厂 [41][42][43] 可持续发展 - 公司的低碳铝产品"EcoLum"需求持续增长,在欧洲市场占比已达50% [45][46][47] - 随着客户对减碳目标的重视,公司预计这类产品的溢价空间将进一步提升 [47] 问答环节重要的提问和回答 问题1 **分析师提问** 铝与铜价差超过4倍,这是否会引发铝的替代需求 [18] **Molly Beerman回答** 公司已经看到铝在输电线等领域开始被铜替代,但在一些技术性应用中替代仍有困难。整体来看,铝价与铜价的3.5倍比例是替代的临界点 [19] 问题2 **分析师提问** 公司正在出售亏损的西班牙冶炼厂,进展如何 [20] **Molly Beerman回答** 公司正在两个方面推进:一是寻求可行的电力和天然气供应合同,二是启动资产出售程序。已收到部分意向性报价,但要求买家具备足够的财务实力和技术能力 [21][22] 问题3 **分析师提问** 公司成本节约计划的进展如何,哪些领域还有进一步提升空间 [23] **Molly Beerman回答** 原材料成本改善约3.1亿美元已基本实现,生产效率提升计划也在按计划推进。未来还有Kwinana关厂、Warrick重启和Alumar重启等带来的进一步节约空间 [24][25][26][27]

PALM BEACH, Fla., June 18, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The scrap metal markets are projected to continue to grow in the coming years. Scrap metals collected from various sources are raw materials used in metal recycling. Scrap metals are separated and processed several times to yield recycled metals. A report from Precision Reports said that the global Metal Recycling market was valued at US$ 292860 million in 2023 and is anticipated to reach US$ 386740 million by 2030, witness ...

Visiongain has published a new report entitled Vehicle Armour Materials Market Report 2024-2034: Forecasts by Armour Type (Passive Armour, Active Armour, Reactive Armour), by End-user (Military and Defence, Law Enforcement, Commercial Security, Other), by Vehicle Type (Armoured Personnel Carriers (APCs), Main Battle Tanks (MBTs), Infantry Fighting Vehicles (IFVs), Light Utility Vehicles (LUVs), Military Trucks and Transport Vehicles), by Type (Steel, Composite Materials, Ceramic Materials, Aramid Fibre, Gla ...

VANCOUVER, British Columbia, June 10, 2024 (GLOBE NEWSWIRE) -- Great Quest Fertilizer Ltd. (TSX-V: GQ) (“Great Quest” or the “Company”) announces its intention to change its name to “Great Quest Gold Ltd.” (the “Name Change”). The Company’s ticker symbol will remain “GQ”. The Company will seek shareholder approval for the Name Change at its upcoming annual and general meeting of common shareholders scheduled for July 17, 2024 (the “AGM”). For further details regarding the AGM and/or other matters to be pres ...

The Copper Trade Is Done. Buy These 8 ‘Greenflation’ Stocks Instead. ...

BALTIMORE, May 23, 2024 (GLOBE NEWSWIRE) -- Lawsuits have been filed alleging that a number of large corporate employers have offloaded billions of dollars in pension obligations to Athene Annuity and Life Company and/or Athene Annuity & Life Assurance Company of New York, subsidiaries of Athene Holding Ltd. (collectively, "Athene") in violation of ERISA. In addition to AT&T Inc. (NYSE:T), Lockheed Martin Corporation (NYSE:LMT), and Alcoa Corporation (NYSE:AA), against which lawsuits have already been filed ...

公司概况 - Alcoa是一家全球纯粹的上游铝业公司，拥有27个地点，两个业务部门，铝土矿和铝[7] - Alcoa在铝业排名全球前五，87%的冶炼吨位由可再生能源供电，碳排放强度目前不到行业平均的三分之一[8] 并购与合并 - Alcoa宣布收购Alumina Limited，以每股Alumina Limited股票换取0.02854股Alcoa股票，交易价值约22亿美元，溢价13.1%[13] - Alcoa和Alumina Limited的合并将增强Alcoa在铝业价值链上的垂直整合，提供更多稳定性[16] 财务状况 - Alcoa致力于维持投资级别的资产负债表指标，具有强大的资产负债表和财务灵活性[19] - Alcoa将在第三季度完成Alumina Limited交易，需要获得澳大利亚和巴西政府批准[31] - Alcoa预计在2024年下半年现金将耗尽，需要做出艰难决定[40] 市场展望 - 铝土矿和铝市场近期表现良好，长期前景也非常乐观[47] - 铜与铝价格之间的历史关系为3.5倍至4倍，随着铜价上涨，铝需求也会增加[55] - 中国铝产量限制在4500万吨，目前产量约为4250万吨，预计将保持在这个水平[58] 可持续发展 - 公司在未来考虑增加对铝回收的投资，以提高可持续性[61]