Kaiser Aluminum Corp. (NASDAQ:KALU)

CAPS Rating: 5 out of 5

The Company manufactures rolled, extruded, drawn and forged aluminum products within three end use categories consisting of aerospace and high strength products, general engineering products and custom automotive and industrial products.

Recs

0
Player Avatar saunafool (98.13) Submitted: 7/9/2008 8:51:16 AM : Outperform Start Price: $46.15 KALU Score: +0.27

If anyone survives this downturn, it will be basic materials suppliers. Kaiser will have problems on two fronts--automotive business is going to be tough, and aluminum production takes a ton of energy which isn't exactly cheap.Yet, the shares already reflect that, and there is some upside in aluminum being lighter than steel (more components will be switched from steel to aluminum to improve fuel efficiency), and the aerospace business isn't going anywhere--too much military spending that no one will back away from in our new and dangerous world.

Featured Broker Partners


Advertisement