NYSE:AAMetals and Mining
Is It Too Late To Consider Alcoa (AA) After An 81% One Year Share Price Jump?
Investors may be wondering whether Alcoa at around US$61.41 a share is offering good value today, or if the easy gains are already behind it.
The stock has returned 6.9% over the last 7 days, is roughly flat over 30 days with a 1.3% decline, and is showing gains of 8.6% year to date and 81.0% over the last year. This naturally raises questions about how the market is now pricing its risks and opportunities.
Recent coverage of Alcoa has focused on its role as a major aluminum producer, with...