Ryan's Q3 Pick- Alcoa- AA

My selection is Alcoa Inc. I think this will help us spread out our portfolio a bit. Alcoa is engaged in the production and management of primary aluminum, fabricated aluminum, and alumina combined. It's products are used worldwide in aircraft, automobiles, commercial transportation, packaging, building and construction, oil and gas, defense, and industrial applications. Alcoa is a global company operating in 35 countries. North America and Europe generated 54% and 26%, respectively, of Alcoa’s sales during the year ended December 31, 2008. Their main product is a special light weight titanium that has the strength of much heavier titanium. this will be useful with the automobile industry. With many products in all these industries, I feel this is more of a safe play and long term stock. I would say we buy in the range of $9.80 to $10.20 and hang onto to it until it reaches the $25.00 range, which should be at least 2 years. before the fall of the market it was cosistantly traded in this range for quite a few years. pretty consistent....