Australian aluminum producer Alumina Limited (AWC, quote) has a higher profit margin, projected growth rate, and dividend yield than Apple (AAPL, quote) – but the stocks are going in opposite directions
That’s good news for investors who want to heed Warren Buffett’s advice and “buy when others are fearful.”
Apple is up 79.54% over the last year, while Alumina has fallen 47.24%. This is because slipping growth in China and India has led to lower demand for aluminum and other industrial materials, as seen by the 12.86% decline in iShares S&P Global Materials (MXI, quote), the exchange traded fund for materials
On a five-year basis, the company’s sales and earnings-per-share growth have dropped significantly. But there are a number of bullish indicators suggesting a future that is even more robust than Apple’s
Zess Toss your Apples out window, & buy Alumina to chew on
Food for thought !!!!!!
Australian aluminum producer Alumina Limited (AWC, quote) has a...
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