Carlos De Alba from Morgan Stanley sets a price target of $52 for Alcoa Corporation (NYSE: AA), indicating a potential upside of 14.16%.Alcoa trades at a 50% discount to the sector median EV/EBITDA, suggesting room for growth as market conditions improve.Institutional investors, including Federated Hermes Inc. and Arrow Capital Pty Ltd, have increased their stakes in Alcoa, reflecting confidence in the company's future.Alcoa Corporation (NYSE: AA) is a leading player in the industrial products sector, prima ...

Core Insights - The article discusses investment opportunities arising from government policies during President Trump's administration, particularly in the energy and technology sectors [3][5][6]. Investment Opportunities - The U.S. government has made significant investments in sectors like rare earths and uranium, leading to substantial stock price increases for companies like MP Materials Corp. and Cameco Corp. [3][4]. - The Biden administration's initiatives, such as the $555 billion Build Back Better Act, have laid the groundwork for a multitrillion-dollar investment in artificial intelligence, with estimates of a $3 trillion "AI war chest" [6][26]. Company Focus: Lithium Americas Corp. - Lithium Americas Corp. (LAC) has recently secured a $100 million investment from the U.S. government, which will acquire a 5% equity stake in the company [10]. - The company is positioned to benefit from the growing demand for lithium, especially as the U.S. aims to increase domestic production [11]. - LAC's Thacker Pass project in Nevada is expected to complete construction by 2027, despite previous regulatory challenges [11]. Company Focus: Alcoa Corp. - Alcoa Corp. (AA) has seen its stock price recover after a period of low valuations, driven by a cyclical downturn in aluminum prices [13][14]. - The demand for aluminum is expected to rise due to its applications in AI data centers, which require lightweight materials for power distribution and thermal management [15]. - Recent tariff adjustments by the Trump administration have positively impacted Alcoa's stock, with a reduction in tariffs from 50% to 25% [17][18]. Market Dynamics - The article highlights the chaotic nature of government investment strategies, particularly in AI, and the need for investors to stay informed about policy changes and market trends [24][25]. - The aluminum market is facing supply constraints, with American stockpiles dwindling, which could further drive up prices and benefit companies like Alcoa [21][22].

"At the same time, by extending cooperation with a key customer – and a business that creates substantial value for Icelandic society – we are opening up new opportunities for Reykjavík Energy to be an eneabler for a sustainable future," says Sævar Freyr. The parties to the agreement have issued the following joint release: ON Power and Norðurál sign a five-year power purchase agreement Representatives from Reykjavík Energy, ON Power – a wholly owned subsidiary of Reykjavík Energy – and Norðurál, today sign ...