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Monday, April 3, 2017

Alcoa: A Good Entry Point?

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Alcoa (AA) has gained 22% so far this year--but is down 6.2% during the last month. That raises the question: Did sentiment in Alcoa get too frothy--resulting in a justified pullback--or are the concerns driving the pullback, namely fear of falling aluminum prices, overblown? With shares falling again today, it's fair to wonder it it's the former. Morgan Stanley's Evan Kurtz and team, however, see a buying opportunity in Alcoa:

April 03, 2017 at 07:25PM

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from Ben Levisohn

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