Stockpickr
Cheap Aluminum Stocks Poised to Spike
Stockpickr Staff
08/21/08 - 10:00 AM EDT
Decreased supply and lower energy costs make these aluminum stocks screaming buys.
Aluminum stocks are the cheapest they have been in some time, as oil and natural gas prices fall and supply tightens. Since energy accounts for as much as half the cost of making aluminum, the recent $30 drop in crude oil and $4-to-$5 drop in natural gas are extremely bullish for aluminum producers.
On Stockpickr.com, we created the Aluminum Stocks portfolio, which looks at some of the cheapest aluminum stocks.
To read all about them, please click here.