Filed under: Alcoa Inc (AA), Stocks to Buy
Readers of this space known that the investment strategy preferred here favors large-cap companies with demonstrated business in established markets, and with the aforementioned in mind, Alcoa Inc. (AA) is worth a review.
Industrial bellwether Alcoa is starting to signal "better quarters ahead" for the U.S. economy. Alcoa beat the fourth quarter Thomson Reuters First Call earnings estimate by 2 cents, earning 21 cents, and if the company's sales increase trend continues, look for a 10% to 13% revenue gain in 2011, after a 12% to 14% surge in 2010.
Continue reading Alcoa Signals Better Quarters Ahead for the U.S. Economy?
Alcoa Signals Better Quarters Ahead for the U.S. Economy? originally appeared on BloggingStocks on Sun, 23 Jan 2011 11:10:00 EST. Please see our terms for use of feeds.
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