Rising input costs add to their risk

The easing of the pandemic and rising industrial activity are spurring the shares of Howmet and Arconic. However, rising prices for raw materials and labour will hold back their earnings for the next year or two.
HOWMET AEROSPACE INC. $38 is a hold. The company (New York symbol… Read More

Keep holding these after their big gains

On April 1, 2020, the old Arconic Inc. split into two new companies: Howmet and Arconic Corp. As a result, each Arconic Inc. share automatically converted to one share of Howmet; shareholders also received one share of Arconic Corp. for every four shares of Arconic… Read More

Alcoa remains the better pick for now

On November 1, 2016, Arconic spun off its bulk aluminum business as Alcoa. Investors received one Alcoa share for every three Arconic shares they owned.
Alcoa is now up over 300% since the split, thanks largely to rising aluminum demand and prices as the global economy… Read More

Alcoa still has appeal after its big surge

Alcoa’s shares have shot up over 350% in the past year as automakers and other industrial users buy more aluminum. That follows last year’s COVID-19 shutdowns. Aluminum prices will probably remain elevated, particularly now that China, which relies on coal-fired power, is cutting its aluminum… Read More

Buy the spinoff, hold the former parent

On November 1, 2016, Arconic spun off its bulk aluminum business (Alcoa) so it could focus on making industrial aluminum products. Investors received one Alcoa share for every three Arconic shares they owned.
Arconic continues to benefit as manufacturing activity recovers from COVID-19 shutdowns. The company’s… Read More

Here are three key updates on our portfolio

MOLSON COORS BEVERAGE CO. $55 is still a hold. The company (New York symbol TAP; Aggressive Growth Portfolios, Consumer sector; Shares outstanding: 216.8 million; Market cap: $11.9 billion; Price-to-sales ratio: 0.9; Dividend suspended in March 2020; TSINetwork Rating: Average; www.molsoncoors.com) should benefit from higher beer… Read More