STOCKCHASE

One of worst performs this year. Historically has done well in springtime 3’rd week in Jan. Look for signs of bottoming.

2011-12-30

DON'T BUY

8.940

2 problems. This is a commodity stock and commodity stocks are not trained very well right now. Aluminum in general has not been a good performer because of oversupply.

2011-12-14

DON'T BUY

9.350

Barry Schwartz

Largest pure play aluminum company globally. Aluminum has been mired in doldrums for years. Inventories are at record highs. Fabulously run company, strong balance sheet and trading at low P/E ratio. Doesn't see aluminum as being the best commodity going forward.

2011-12-12

DON'T BUY

9.260

Karl Berger

Fairly heavily dependent on the overall level of economic activity. Large company so lots has to go right in terms of the economy for it to grow to much of an extent. Skinny dividend.

2011-11-22

TOP PICK

10.400

Lorne Steinberg

Cyclical company. Low cost aluminum producer. China is actually a high cost producer. Have cheap electricity. A light metal that will double in demand. Earnings have bottomed out.

2011-11-01

SELL

10.230

David Cockfield

He is not positive on aluminum. There seems to be excess capacity globally. Hard for them to hold their price lines and this is what is showing up in their margins.

2011-10-21

DON'T BUY

9.770

A materials stock – the second worst sector this year. If you believe economy is going to turn around, this is the one to own. He was stopped out of it. Look at a more defensive stock until we know about Europe and China.

2011-10-19

DON'T BUY

10.260

Jeff Black

Looking out, particularly like cyclical like this one, doesn't have too much earnings momentum. Economically sensitive. Wouldn't buy at these levels.

2011-10-14

DON'T BUY

12.240

John O'Connell, CFA

There could be bad news on the horizon still. Prefers BHP.

2011-08-09

DON'T BUY

15.830

Richard Fogler

Will grow at 6.5% a year on aluminum shipments alone. Negative thing is that nothing is news. He looks for something the market is missing and is miss-pricing a stock.

2011-07-22

DON'T BUY

16.490

Don Lato

Will unofficially kicked off earnings season on Monday. Has been beleaguered over the years by questionable management and poor decisions that didn't help shareholders. Prefers to play the metals area through other companies in Canada.

2011-07-07

WAIT

15.860

Will be coming out with their numbers on July 11. Strong seasonality normally from October to December and then from February to May. There is a tendency for stocks like this to peak out at the end of April and then they tend to get hit.

2011-06-30

Comment

15.290

Sold his holdings a few weeks ago, coming into the spring/summer months. This was a cyclical name. Still likes it, assuming the economy will resume its growth. With moderate growth, this company should do okay. Longer-term, he likes the stock.

2011-06-22

DON'T BUY

15.370

Andrew McCreath

Not a big fan of this one. There is a growing surplus of aluminum. Aluminum prices have gone up but this is more speculation than a sustainable increase in the lumen and prices.

2011-06-21

BUY

16.090

Terry Shaunessy

Big fan of global growth and as a consequence this would be one of those companies where demand for aluminum should be there. Have had to grapple with higher input costs recently, which affected their earnings a bit but this is the aluminum marquee stock.

2011-06-01

Comment

16.110

Derek Webb, CFA

A classic earnings momentum stock. Chart shows it is forming a triple bottom. If you don’t own, write a naked Put for a month. It’s down its support and you should be willing to own the stock down here.

2011-05-24

DON'T BUY

16.550

Richard Fogler

Large portion of demand is coming from China, Russia, Brazil and North America for auto related sectors and this area is not exactly booming. On a longer-term basis, he is reasonably positive, but on a short-term basis he is staying away because of what will be a problem from China. (See Comment on China.)

2011-04-14

WEAK BUY

16.040

Don Reed

Great company. Aluminum. Totally integrated – Iron, Smelting – everything. Likes the fact they are integrated.

2011-03-15

BUY

17.520

Derek Webb, CFA

On a tear. Earnings were quite good. Stock is going higher.

2011-02-17

BUY

15.750

Good earnings momentum. Materials sector is a good area to be in. Benefiting from the industrial usage globally.

2011-01-13

BUY

15.210

Jim Huang

Expects reasonable earnings. They cut costs. China has the biggest production but has been cutting back as part of energy conservation.

2010-12-30

BUY

15.140

David Baskin

Likes base metals, which has had a tremendous run up. Aluminum consumption in Asia, India and China is increasing rapidly.

2010-12-22

HOLD

14.090

Terry Shaunessy

Aluminum will do very well if we have very strong economic growth and this is a premier player.

2010-12-02

BUY

13.310

Paul Harris, CFA

Problems in the aluminum business are competition and energy costs. At this level it should do well but you have to be prepared to trade rather than holding it for long periods.

2010-11-25

BUY

13.380

Had a good earnings report. Trading around 12X PE. Decent earnings momentum. Above the 50 and 200 day moving averages. 50 day also crossed the 200-day, which is a positive sign.

2010-11-18

Comment

13.140

Gavin Graham

A play on industrial production and the price of electricity that it uses to produce aluminium. If you are comfortable with growth you can buy on a 1 or 2 year view.

2010-10-29

DON'T BUY

11.230

Christine Poole

Global aluminium producer. Earnings were in line. Of all the base metals, she is not that positive on aluminium as she can see it being in a surplus in the next year or two.

2010-07-26

SELL ON STRENGTH

11.640

Moves higher from end of November until end of April. There was a huge run then it peaked around April. Follows China Index.

2010-05-31

BUY

12.910

Has come down to around the 200-day moving average and trading around 16X forward earnings so looks interesting. Thanks it's due for a bounce. Likes the materials space.

2010-02-04

DON'T BUY

12.920

Colin Stewart

(Market Call Minute.) Focused on aluminium and Inventory levels are quite high. China is ramping up their production.

2010-01-28

DON'T BUY

12.600

John Zechner

Somewhat over supplied. Has not delivered long term on earnings.

2009-09-08

BUY

12.350

Gavin Graham

Feels it will be a beneficiary of an improving economy as people gradually start to buy more houses and as they demand from China keeps growing.

2009-08-25

DON'T BUY

11.460

There are better names available. Seems to be a mixed bag of revisions upwards and downwards on earnings growth.

2009-07-30

BUY

10.140

Ken McCord

Screening well. Basically flat lined since November. In the industrial materials sector. An entry point now would be reasonable. To mitigate the stock going down or sideways you could write a Call Option on it. If you wrote a 1-month Call with a strike of $12 you might get about $.50 for doing that, which is a nice 5% premium.

2009-07-15

Comment

9.340

Rick Stuchberry

Expect this one will go more sideways than up for the time being as the Chinese produce a lot of aluminium themselves and demand is going to come out of there. This company will benefit when we get the turn in the economy.

2009-07-10

DON'T BUY

9.860

Ara Nalbandian

Leveraged to global economic recovery and extremely leveraged to the auto and housing industries so you would have to be bullish on these sectors. Also aluminium has been one of the weaker commodities. Reasonably fairly valued but he is not investing in the cyclical type names in the short term.

2009-07-03

SELL

10.520

(Market Call Minute.) Has virtually doubled since March and now's the time to take profits.

2009-06-02

SELL

8.900

Charles Lannon

(Market Call Minute) Aluminum is a metal where there isn’t a supply/demand imbalance.

2009-04-23

Comment

6.400

Ken McCord

Thinks it will start looking a lot more attractive but quantitatively it is not screening well right now. Weakness in the US$ should help. Writing options on this would make a lot of sense.

2009-03-19

BUY

7.790

(Market Call Minute.) Forming a nice base. Looks like an interesting seasonal play.

2009-01-30

DON'T BUY

26.820

Alan Kral , CFA, CIC

Stock got ahead of itself based on emerging market competition hiding. Some smelters recently closed down which should cut down on supply but stock continues to drop. Won't be priced on earnings but on expectations of the price of aluminium. Expects more downside.

2008-09-09

DON'T BUY

39.320

Brian Acker, CA

(Market Call Minute.) The model price is $43.87, a 3% positive differential.

2008-06-11

BUY

41.700

Pierre Bernard

Good benchmark of what you need to do if you believe in worldwide growth.

2008-05-21

Comment

39.650

Brian Acker, CA

He has a model price of $41.23, a positive 8% differential. He thinks the high on this one will probably be about $42.20 and if it broke up through there he would use $42.20 as a Stop.

2008-05-08

BUY

34.840

Alan Kral , CFA, CIC

Will probably see basic materials types of stocks doing very well going forward. Have likely entered an inflationary cycle in the US causing dollar-based assets to inflated value and the ability to people selling materials to increase prices. There is also growth in demand, especially from the 3rd world.

2008-04-15

TOP PICK

37.760

Derek Webb, CFA

Of all the base metals, aluminum is the only one that is hitting new highs. This company is the only way to play it.

2008-03-11

BUY

32.780

Bob Stodgell

There is still room to run because of the demands from the evolving economies for all the base metals.

2008-02-07

BUY

38.200

Brendan Caldwell

Have been watching it. The take over bid will be wrapped up soon. Doesn't leave many left. Could be a subject of a take-over.

2007-10-24

BUY

34.420

Charles Edwardes-Ker

Aluminium used in automobiles has doubled over the last two years. Reducing greenhouse gases by 25%, and landfill by 50%. Increasing “green energy” used (37% at the moment).

2007-09-13

TOP PICK

35.360

Peter Brieger

Likes the aluminum business long-term. Expecting a scarcity factor with some of the other players disappearing. Looking for $7 plus in earnings next year, which would be worth 7-8X cash flow.

2007-08-28

TOP PICK

35.670

Peter Brieger

Likes the aluminum space. Cheap at the moment.

2007-08-03

DON'T BUY

37.410

Brian Acker, CA

His model price is $45.14 giving it an 18% positive differential. He is finding so much value elsewhere, that it is not in his portfolio. Would probably have to go 10%/15% lower before he is interested.

2007-07-27

Comment

46.450

To own as a long-term aluminum investment, it is probably overpriced. If you are looking for takeover speculation, they are the last major independent aluminum producers.

2007-07-18

Comment

39.300

Bob Stodgell

Some great assets, great managers. But he likes Alcan better.

2007-06-11

TOP PICK

40.900

Michael Smedley

Enormously vulnerable to take out.

2007-05-25

Comment

38.350

Ian Nakamoto

Trying to acquire Alcan (AL-T). Feels the hold aluminum industry is going to turn out quite well. Higher operating costs. Would prefer Alcan.

2007-05-14

Comment

34.940

Two problems. Chinese are net exporters of aluminum. Very energy intensive and electricity prices have gone up substantially. Neutral on this company.

2007-04-16

DON'T BUY

32.300