From $1B to $4B in 9 months
I wrote about this when they dropped below 22B, but then bottomed out at 11B and are not back up to 4B.
Alcoa is one of those storied brands that can never catch a break. There's always a lawsuit or downside event that catches them off guard.
Recently though, they've made a pretty incredible recovery, and clearly there's more appetite for the comeback story of Alcoa. It still trades @ 0.47x Sales...
Alcoa is one of those storied brands that can never catch a break. There's always a lawsuit or downside event that catches them off guard.
Recently though, they've made a pretty incredible recovery, and clearly there's more appetite for the comeback story of Alcoa. It still trades @ 0.47x Sales...
Pierce Crosby
GM, Americas @ TradingView
GM, Americas @ TradingView
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.