Alcoa Has a Plan for Zero Emissions. Buy the Stock While It’s a Bargain. | Barron's

2022-08-28 02:03:34 By : Mr. Da Jen Lee

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https://www.barrons.com/articles/buy-alcoa-stock-price-pick-51661553539

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.

Alcoa 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.

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.

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