Stock to Watch: Alcoa, Seize The Last Carnival!
@Value_investing：
The unprecedented bull market in commodities led Alcoa, a century old enterprise, back to its peak. Calculated from the lowest point of 5.16 in March 2020, Alcoa has completed a 10 times share feat in just two years, showing the attractive charm of cyclical stocks! This is the first time since the 2008 financial crisis. Recently, the futures price of LME ALUMINUM reached US $3299 / ton, a new high since 2008! There are three main factors driving the current LME ALUMINUM Market: First, due to the global energy crisis, the cost of electricity remained high, and smelters suffered serious losses and stopped production one after another; Second, the epidemic spread in Guangxi, and the relevant aluminum industry chain stopped production; Third, the Russian Ukrainian crisis is fermenting, an