Alexander Hacking

Alcoa Corp (NYSE: AA) shares have returned 60 percent over the past year, rendering their valuation unattractive, according to an analyst at Citigroup. On Monday, however, the stock plummeted 13 percent after the U.S. Treasury issued a six-month reprieve on sanctions levied on Rusal, one of Alcoa...

United States Steel Corporation (NYSE: X) has seen its stock fall 25 percent in recent weeks, which creates a good opportunity for investors to buy the stock, according to Citi. The Analyst Citi's Alexander Hacking upgraded U.S. Steel's stock rating from Neutral to Buy with a price target...

Gold prices have crept higher in recent weeks as investors grow concerned about elevated geopolitical tensions. However, according to Citi analyst Alexander Hacking, gold investors should keep expectations in check. In a new note Monday, Hacking reiterated his cautious long-term outlook for gold...

With second-quarter North American steel earnings just around the corner, Citigroup analyst Alexander Hacking recently provided investors with a brief preview of what they should expect. While Citi isn’t anticipating industry-wide strength for steel stocks, Hacking said United States Steel...

As the Section 232 probe continues, Citi analyst, Alexander Hacking, sees a favorable market for long steel products, as he upgraded Commercial Metals Company (NYSE: CMC) to Buy. “We see the greatest upside from potential Section 232 trade action in long steel products and long steel mills....

The Department of Commerce (DOC) is set to hold the Section 232 Hearing at 10 a.m. ET. The meeting, which was extended due to "unexpectedly high demand” from individuals wishing to speak, is unlikely to affect steel equities according to Alexander Hacking, an equities research analyst at...

Citi in a note released on Thursday downgraded the U.S. steel sector to Neutral from Bullish, as it believes the 68 percent rally in the sector since mid-October captures the majority of the cyclical upside. The firm downgraded steel stocks AK Steel Holding Corporation (NYSE: AKS) and United...

Citi has started coverage of mini mill long products steel producer Commercial Metals Company (NYSE: CMC) with a Neutral rating and a target price of $16. Commercial Metals Company runs a number of low cost, highly profitable long product mini-mills across the relatively more rapidly growing "...

Citi has started coverage of AK Steel Holding Corporation (NYSE: AKS) with a Neutral rating and $5.40 price target, which represents a potential upside of about 16 percent from the current levels. Analyst Alexander Hacking noted that AK Steel has historically struggled to generate FCF, posting...

Citi’s Alexander Hacking noted Nucor Corporation (NYSE: NUE) has “consistently generated industry leading ROIC over the business cycle while growing production capacity and adding more value added product offerings.” Hacking initiated coverage of the company with a Neutral rating...

According to Citi’s Alexander Hacking, Steel Dynamics, Inc. (NASDAQ: STLD) “is one of the lowest cost operators in the US with its relatively younger and highly productive EAF mills that use a largely non-union labor force with pay tied to performance.” Hacking initiated coverage...

Gold prices have been on quite a tear in 2016, and the SPDR Gold Trust (ETF) (NYSE: GLD) is now up 28.4 percent year-to-date. Citigroup analyst Alexander Hacking just initiated coverage on North American gold miner stocks. According to Hacking, after an incredible first half of 2016, gold investors...