The following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage.
NEW YORK (TheStreet) -- It always amuses me to watch Wall Street analysts back-peddle from bearish comments made about companies that never really deserved to be doubted in the first place. Warren Buffett once said that when a management team with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact. This has always been an axiom to which I've subscribed and one that has proven to be true time and time again.
Except recently (to my amazement) it has proven to not be so and it was indeed the reputation of the management team that trumped the perceived poor status of the business' economics. In disappointing fashion, Wall Street still refuses to give credit where credit is due.... Click to view a price quote on AA. Click to research the Metals & Mining industry.
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