April 11, 2012 (Chinavestor) Alcoa Inc. (NYSE: AA) the world’s #1 leading producer of fabricated aluminum announced a stellar earnings last night (Tuesday, April 10, 2012). This company is accountable for the employment of 61,000 people across 31 different countries and 200 plus different locations.Alcoa Inc. (NYSE: AA) specifies in the following areas:
- Aerospace
- Packaging
- Automotive
- Consumer and electronics
- Building and construction
- Commercial transportation
Even though AA has been struggling the last few years, they have managed to slightly increase their revenue to $6 billion from $5.96 billion in last year’s first quarter earnings. That is a positive.
The big question in my mind is whether Alcoa’s great announcement is going to be enough to spark a rally in the broad markets.
Here is a stock I like more than Alcoa, Ball Corp. (NYSE:BLL).
Quick comparison:
Alcoa Inc. - largest aluminum fabricator in the world.
Ball Corp. - largest aluminum can recycler in the world.
Check out these two charts, the difference is clear. Ball Corp. (NYSE:BLL)is going straight up over the last six months, where Alcoa has been flat.
Chart of Alcoa Inc. (NYSE:AA)
Chart of Ball Corp. (NYSE:BLL)
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