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Earlier this month, aluminum prices reached $3,064 per ton on the London Metal Exchange, registering its highest price since July 2008. Furthermore, the aluminum market is expected to increase at a 5% CAGR between 2021-2026.
Given this backdrop, we think it could be profitable to scoop up fundamentally strong aluminum stocks Aluminum Corporation of China Limited (ACH), Alcoa Corporation (AA), and Constellium SE (CSTM), which have suffered price dips lately.
