01-10-2009, 08:19 PM
their announcement of 15,000 jobs is a pretty sizeable chunk, if you ask me, but it also says that they are in it for the long haul. They got abused pretty badly this week, have a really nice dividend, and are the biggest in their industry. Considering that they are at 25% of their 52-week high, that's a LOT of potential profits if you buy a bunch right now and keep your eyes on them for the long haul. If I didn't already have a play on metal (PCU) I'd be all over Alcoa right now.