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Kaiser Aluminum Corporation (KALU) [hlAlert]

Rating:
Strong Buy
KALU
up 29.16 %

Kaiser Aluminum Corporation (KALU) rated Strong Buy with price target $85 by Davenport

Posted on: Friday,  Aug 8, 2008  1:25 PM ET by Davenport

Davenport rated Strong Buy Kaiser Aluminum Corporation (NASDAQ: KALU) on 08/08/2008. Previously Davenport rated Buy Kaiser Aluminum Corporation (NASDAQ: KALU) on
08/15/2007., when the stock price was $63.60. Since then, Kaiser Aluminum Corporation has gained 29.17% as of 01/25/2016's recent price of $82.15.
If you would have followed the previous Davenport's recommendation on KALU, you would have gained 29.16% of your investment in 3085 days.

Kaiser Aluminum Corporation (Kaiser) is a fabricated aluminum products manufacturing company. The Company is engaged in manufacturing rolled, extruded, drawn and forged aluminum products within three end use categories consisting of aerospace and high strength products (Aero/HS products), general engineering products (GE products) and custom automotive and industrial products (Custom products). During the year ended December 31, 2008, the Company operated nine production facilities in the United States and one in Canada. During 2008, the Company produced and shipped approximately 559 million pounds of fabricated aluminum products, which comprised 89% of the total net sales. The Company operates in two segments: Fabricated Products and Primary Aluminum. The Company has a 49% ownership interest in Anglesey Aluminium Limited (Anglesey).

In response to the interests of our clients, we have developed a special strength in researching regional stocks, and we analyze one of the largest selections of these companies in our market. Our recommendations are based on painstaking assessments of a company and its industry, a thorough understanding of regional and national trends, visits to the business, and meetings with the management team.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/8/2008 1:25 PM Buy
None
45.93 85.00
as of 12/24/2008
1 Week down  -0.03 %
1 Month up  38.71 %
3 Months up  19.62 %
1 YTD up  32.37 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/15/2007 11:25 AM Buy
None
63.60 93.00

(*) Stock Price at the time of the recommendation.
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