Discussion in 'Stocks' started by pclark, Oct 12, 2008.

  1. pclark


    OK, assuming we are getting close to a bottom. I am thinking about buying some Alcoa stock. There last earnings report was down but they are a very strong company and I am thinking a good investment given the current price of their stock. Does anyone see any reason why this would not be a good buy assuming we are close to a bottom?

  2. They have 10 billion in debt. Look for companies with no debt for now.
  3. rros


  4. Go Long CTSH.
    No debt
    Tons of cash
    Just confirmed this quarters estimates.
    Tons of work headed to them from all the mergers and aquisitions in the financial sector.
  5. kxvid


    AA is the biggest garbage company ever. Although at this price it does look slightly interesting. Still Id follow buffets advise about how it is better to buy a great company for a good price than buy a bad company for a great price.
  6. any examples?
  7. AA sucks. going to 5
  8. BadCo


    Gotta agree. Alcoa has hardly recouped any losses during this mini rally. Bargain hunters are providing more shorting opportunities for insiders.
  9. kxvid


    CF industries. 1 billion in cash, no debt, highly profitable and well positioned company.
  10. thanks, kxvid, gonna take a look at it right away. :D
    #10     Oct 21, 2008