Alcoa Has a Plan for Zero Emissions. Buy the Stock While It’s a Bargain. | Barron’s
Alcoa Has a Plan for Zero Emissions. Buy the Stock While It’s a Bargain. | Barron’s
The outlook for aluminum is brightening, and so are the prospects for Alcoa, probably the best pure play on the versatile and light metal—and a cheap one.
stock (ticker: AA) looks like a bargain, trading at a level that doesn’t reflect its issuer’s favorable operating costs, improved balance sheet, increased shareholder returns, and one of the industry’s lowest carbon footprints. And investors are ignoring a potentially breakthrough technology Alcoa is developing that could eliminate carbon emissions from the aluminum smelting process.