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What: Shares of aluminum producer Noranda Aluminum
So what: Fellow aluminum companies Alcoa
Now what: The analysts cited greater risks because of softness in the global economy and heightened risk aversion because of the European debt crisis, which may weigh on the demand for industrial metals like aluminum. The analysts believe gold miners are a better play in metals than aluminum. Alcoa was cited as stronger than the other two since it is somewhat "insulated from metals prices" compared to the others and the company's performance reflects broader economic trends.
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