Alcoa Inc. ( AA ) was a big mover last session, as the company saw its shares rise by roughly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now over 10% in the past one-month time frame.
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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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportALCOA INC (AA): Free Stock Analysis ReportKAZAKHMYS LTD (KZMYY): Get Free ReportPARAMOUNT GOLD (PZG): Free Stock Analysis ReportTHOMPSON CREEK (TC): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research