Filed under: Alcoa Inc (AA) , Stocks to Buy The market’s recent retreat from Dow 10,700 has led to an oversold condition in Alcoa ( AA ), and that’s one major reason I’m reiterating my buy rating for the company’s shares, first recommended on Aug. 17, 2009 , at a price of $12.41. The other major reason is Aloca’s smaller-than-expected 27-cent EPS loss in Q4, which is consistent with a recovering U.S./global economy.

More here:
Alcoa: Pull-Back Is Buy Opportunity

This entry was posted on Monday, January 25th, 2010 at 8:30 am and is filed under Stocks & Economy. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.