This aluminium company has seen five positive and two negative estimate revisions over the past 30 days and its Zacks Consensus Estimate has moved higher over the same time frame, suggesting that more solid trading could be ahead for Alcoa. So make sure to keep an eye on this stock going forward to see if this recent move higher can turn into more strength down the road.
Alcoa has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
Some better-ranked stocks in the same sector include Kazakhmys plc (KZMYY), Paramount Gold and Silver Corp. (PZG) and Thompson Creek Metals Company Inc. (TC). All these stocks carry a Zacks Rank #2 (Buy).
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