Arconic (ARNC), mcap=$2.2bn, price $21.13 vs $29.15

Manufacturer/supplier of rolled aluminum products for industrial uses. Undervalued relative to peers. Favorable growth tailwinds with healthy demand for aluminum rolled products at all ARNC’s end markets. Due to execute a few 25-35% IRR projects. The company expects to grow run-rate EBITDA by 40%+ over the next 3 years.