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Enter Symbol:
Alcoa Inc. (AA) [hlAlert]

Buy AA
down 40.49 %

Jim Cramer's Top Dow Picks for 2011: Alcoa(AA)

Posted on: Saturday,  Dec 25, 2010  7:36 AM ET by Jim Cramer's top 10 Dow stocks for 2011

Jim Cramer's top 10 Dow stocks for 2011 rated Buy Alcoa Inc. (NYSE: AA) on 12/21/2010, when the stock price was
$14.89. Since then, Alcoa Inc. has lost 40.50% as of 01/14/2016's recent price of $8.86.
If you would have followed this Jim Cramer's top 10 Dow stocks for 2011's recommendation on AA, you would have lost 40.49% of your investment in 1850 days.

Alcoa Inc. is the world's leading producer and manager of primary aluminum, fabricated aluminum and alumina facilities, and is active in all major aspects of the industry. Alcoa serves the aerospace, automotive, packaging, building and construction, commercial transportation and industrial markets, bringing design, engineering, production and other capabilities of Alcoa's businesses to customers. In addition to aluminum products and components, Alcoa also markets consumer brands including Reynolds Wrap foils and plastic wraps, Alcoa wheels, and Baco household wraps. Among its other businesses are closures, fastening systems, precision castings, and electrical distribution systems for cars and trucks.

Jim Cramer expects the Dow to hit 13,365 next year-- a 16% gain from current levels and a bountiful return -- based on a prognostication of the performance of the individual members of the venerable index. Although I am a bottoms up guy, as a backdrop I am presuming a resumption of decent U.S. growth courtesy of the Federal Reserve -- call it 3% to 4% -- continued worldwide growth, a stable-to-slight decline in the dollar and a decent increase in interest rates (30-year Treasury bond going to 4.8%) as befitting a return to economic health.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/21/2010 4:00 PM Buy
1 year
as of 12/31/2010
1 Week up  2.93 %
1 Month up  6.04 %
3 Months   
1 YTD up  6.04 %

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