It's the lack of a meaningful dividend. Many old industrial companies pay double or more the dividend (yield) that Alcoa pays. AA is estimated to earn over a dollar per share this year in earnings, but pays out only 12 cents in dividends. For investors looking at other mature industrial companies with similar growth prospects, their higher dividends make them a better choice. Also, most other industrials have been raising their dividend in recent years, saying to investors that they are healthy enough to do so. A healthy dividend increase would kickstart this stock.
Today I saw an ad for a department store. Three Keurig products were displayed. None were for the mini brewer. All were for pricier machines that had more features. Not a good way to attract first time buyers who are curious about the K cup brewing system.
You already seem more informed about AA after two days of being a stockholder, than many fools who unfortunately post on this board.
Value Line has a positive outlook on Alcoa. They project a price as high as 30 for Alcoa over the next few years. Not bad, for a stock currently trading at around 14. Sooner or later AA will be seen as a value added corporation as opposed to an aluminum miner. Their recent purchases ( and a pending purchase) of companies shows they are diversifying into higher end use products. The stock at current levels is underpriced.
At least two of them work at a discount tobacco store in a small town in Alabama. The nearest Starbucks is seventy miles from where they live. Their next door neighbor actually does the typing of their posts for them. Because of his superior educational level. He 's a graduate of the sixth grade.
Starbucks? Really? A discount tobacco store is more likely.
$17.25 was MGM's 52 week low, set this past December. Back then, the China news was better than it is now. (see yesterdays Wynn earnings and dividend slash). Todays poor Las Vegas strip numbers are another big negative. The question is, will MGM revisit the December lows, and if so, will $17.25 hold?
That may be why the stock is up on a down overall day.
Just what EMR needs to prop up profits. And a stock upgrade was recently announced. Perhaps the bottom has been achieved and EMR will slowly return to its previous highs.