Article By:
MoneyShow.com
Saturday, April 3, 2021 7:41 PM EDT
With the U.S. economy entering boom times, cyclical industries have been outperforming. Companies like Alcoa and Steel Dynamics and stand to benefit.
Alcoa Corp. Shares Plunge Following Q4 Earnings Miss
$AA has had a great year on the back of rising aluminum prices. At this point with the stock selling off so heavily on a relatively decent earnings report it could mean expectations are out of line with reality. With that being said a pull back to $50 a share could be a good thing in the long run.
7 Weekend Shorts
You may get a dime or so, but I doubt it. Good luck with that. $AA is not a good short. (IMO).