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Alcoa: Upside potential, but with high risk

 Nov 04, 2009 06:40 PM UTC
Return Risk
+1.82% MID
Tracked Blogger
Symbol Sentiment Start Return Closed
AA Positive 11/04/09 +1.99% --

Graphic_arrow1 Via BloggingStocks:  

Filed under: Alcoa Inc (AA), Stocks to Buy

Look for Alcoa Inc. (NYSE: AA) to benefit from the the U.S./global economic recoveries, which is I'm Reiterating my Buy rating for the company, first recommended on August 17, 2009 at a price of $12.41.

Alcoa's revenue in FY2010 should increase 13-15%, assuming likely stabilization in the U.S. housing and auto sectors. Aluminum companies also should benefit from modestly higher aluminum prices next year.

Continue reading Alcoa: Upside potential, but with high risk

Alcoa: Upside potential, but with high risk originally appeared on BloggingStocks on Wed, 04 Nov 2009 13:40:00 EST. Please see our terms for use of feeds.

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