Alcoa, Inc. (NYSE:AA)
CAPS Rating:
A Producer of primary aluminum, fabricated aluminum, and alumina, and is active in all major aspects of the industry: technology, mining, refining, smelting, fabricating, and recycling.
A Producer of primary aluminum, fabricated aluminum, and alumina, and is active in all major aspects of the industry: technology, mining, refining, smelting, fabricating, and recycling.
Recs
Stock just come out with earnings that were 50% less than a year ago ( .06 2012 vs .12 2011) wall street has spent the last month cutting it's est on this stock, making it look like a last minute cut of .05 earns for the Q was a beat, when just the other day the est was .07 for the Q, fact is if wall strret wasn't chasing their est. lower this stock missed est. for the Q, and the road ahead is even rougher, consider revenues dropped 81% from a year ago this stock is worth closer to it's 52 week low of $8.21 , with gobal slow down don't look for this stock to upside in the next 12 months