ARCONIC (ARNC) Stocks
📊 Arconic Inc. is an engineering and manufacturing company of lightweight metals which are sold across the globe. The company sells its products directly to customers and also through distributors.
📊 It operates in three segments namely Global Rolled Products, Engineered Products and Transportation and Construction Solutions. Global Rolled Products produces and sells aluminium plates and sheets for industries such as automotive, aerospace, packaging, commercial transportation, building and construction as well as industrial products end markets. It also produces aseptic foils for the packaging end market.
📊 Fastening systems and seamless rolled rings are produced by the Engineered Products and Solutions segment. Other products include investment casings, seamless rolled rings, airfoils and forged jet engine components as well as aircraft parts for aerospace (commercial and defense) that are extruded, formed and machined.
📊 The Transportation and Construction Solutions segment produces products such as forged aluminium commercial vehicle wheels, architectural extrusions and integrated aluminium structural systems. The segment also produces aluminium products for the industrial products end market.
📊 Arconic’s history goes back to 1888 when it was founded. Today its headquarters is in Pittsburgh, Pennsylvania and the company has approximately 43 000 employees.
📊 The company’s subsidiaries include Kawneer, TITAL, Howmet Castings and Alumax Inc.
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OVERVIEW OF ARCONIC
- Arconic’s extraordinary heritage of innovation begins when it is founded in 1888. Since the time of Henry Ford and the Wright Brothers Arconic’s businesses have assisted in shaping the automotive, aerospace and building and construction services.
- In 1888 the company is first incorporated as the Pittsburgh Reduction Company.
- In 1907 it is renamed to the Aluminum Company of America. It changes name again in 1999 and becomes Alcoa. In 1901 the company begins fabricating lightweight aluminium parts and bodies for automobiles. It supplies aluminium parts for the Wright Brothers’ plane in 1903.
- In 1916 it produces its first aerospace alloy, 2017-T4, used primarily as aircraft sheet and plate – integral to the rigid airship the USS Shenandoah.
- In 1965 the company opens the Alcoa Technical Center. It is the world’s largest light metals research centre based outside Pittsburgh. The company supplies powdered aluminium fuel and components for the Space Shuttle Columbia in 1981.
- In 2015 it acquires TITAL which allows it to establish titanium casting capabilities in Europe. In the same year it purchases RTI International Metals, Inc.
- In 2015 it announces its plan to separate into two publicly-traded independent companies. These companies are Arconic and Alcoa Corporation. In 2016 Arconic launches multimaterial, precision-engineered products and solutions for high-growth markets. This follows its separation from Alcoa’s bauxite, alumina and aluminium products units.
VALUES OF ARCONIC
- Arconic Inc.’s values are Everyone, Everyday, Everywhere. The company’s innovative products and solutions enable its customers to make the world more sustainable. These products include more efficient next-generation aircraft, lighter and lower-emission vehicles and cities with cleaner power and energy saving buildings.
- The company also promotes education in Science, Engineering, Technology and Mathematics (STEM) disciplines within its communities. In 2017 Arconic Micromill wins the Bronze Edison Award. Alcoa is also named one of China’s Top Green Companies amongst its various accolades.
MARKET PERFORMANCE OF ARCONIC
- Arconic Inc. trades on the New York Stock Exchange under the NYSE Stock Symbol “ARNC”.
- Its revenue for 2018 is $14 billion. In April 2019 the company reports its First Quarter 2019 results. Its revenue is $3.5 billion which is up 3% year over year.
- The company’s net income is $187 million, $0.39 per share – versus then net income of $143 million, $0.29 per share, in the first quarter of 2018.
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LATEST NEWS ARCONIC
Before buying any stock or share one has to consider a few factors.
STEP 1: PROPER RESEARCH IS ESSENTIAL
Upon deciding you want to buy ARCONIC Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.
Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.
STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN ARCONIC STOCKS / SHARES
It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a $5 stock, multiply 100 by $5 to get $500.
STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE
Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.
STEP 4: OPEN A BROKERAGE ACCOUNT
A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.
STEP 5: COMMIT AND PURCHASE ARCONIC STOCKS / SHARES
Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out. Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of ARCONIC stocks / shares.
5 Questions to ask yourself before purchasing any stocks or shares.
- Is it the best time to buy this stock / share?
- Should I buy ARCONIC stocks / shares in the current economic climate?
- Can I afford to buy this stock / share?
- What is the forecast of the stock / share growth?
- What is the current price per earning ration on the stock / share?
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