January 7, 2020 · Archive
A Ticker A Day #2: Alcoa Corporation ($AA)
Alcoa (www.alcoa.com) is the world’s 8th largest producer of aluminum, founded in 1888 to commercialize a major discovery in metallurgy: the process for smelting aluminum. The business was launched on $20,000 of investment (which would be roughly equivalent to $500,000 in today’s dollars) and has gone through many changes in its history, with many acquisitions and spinoffs.Today, the company’s focus has narrowed to mining, smelting, …
From the archive
The rest of this post is part of A Ticker a Day
In 2020 I researched one publicly traded company every weekday and decided, in public, whether to put $10 into it or into the index. This is one of those posts. The archive isn't open right now — I'm working on bringing A Ticker a Day back, rebuilt so the portfolio tracks itself.
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