AA will go UP
$14.00 on 2/09/09
$13.13 (52.90% from time of market call)
This recession has really given every sector a kick in the pants, there really isn't much any of us can do personally to fix this but keep a smile on and hope for the best. But thanks to the new Big Guns Mr. Obama, a work intensive stimulus is already trying to fix this mess. Billions of dollars are being distributed to help create jobs in everything from fire stations to technology intensive jobs. How ever the most classic way of creating jobs and patching things up is the good old infrastructure investment. Fixing everything from highways to street lamps to park benches the government creates thousands of jobs and helps improve society at the same time. Alcoa is a company that will benefit HUGE by these kinds of stimulus packages in the U.S and later on in the world. As one of the largest aluminum and metal manufacturers an increase in construction and an increase in Alcoa share value almost go hand in hand! Not to mention you're investing in a company worthy enough of being on the prestigious Dow Jones Industrial Average. At 8 bucks and change Alcoa is a definite buy in the one year + range.
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