Buy Alcoa Stocks
Buy Alcoa Stocks
Alcoa is a Dow Jones Company and is listed in the NYSE / NASDAQ / S&P 500. It is one of the leading corporations in the American stock market. Buying shares of Alcoa in the long term is considered a sound investment. With the current economy, however, it is always risky in buying a single company stock like Alcoa, and diversification is more important. Below is a description and profile of the Alcoa company:
Alcoa, Inc. engages in the production and management of primary aluminum, fabricated aluminum, and alumina worldwide.
Alcoa’s products are used worldwide in aircraft, automobiles, commercial transportation, packaging, consumer products, building and construction, and industrial applications. Alcoa is a global company operating in 44 countries. Alcoa’s operations consist of six worldwide segments: Alumina; Primary Metals; Flat-Rolled Products; Extruded and End Products; Engineered Solutions, and Packaging and Consumer.
Aluminum and alumina represent approximately three-quarters of Alcoa’s revenues, and the price of aluminum influences the operating results of Alcoa. Alcoa’s products are used worldwide in aircraft, automobiles, commercial transportation, packaging, consumer products, building and construction, and industrial applications. Alcoa operates in 42 countries. Alcoa produces aluminum from alumina by an electrolytic process requiring large amounts of electric power.
As you can see, Alcoa is a leading company in its industry. Buying Alcoa Stocks should only be done after extensive research and analysis of the company’s earning, stock price, and future earnings potential.