12th Jan – Alcoa – A Loss Came Over Again
One of the US earnings I always watch is from Alcoa because it’s the first. They are in a difficult sector which should be in mind.
The result is not satisfactory if the investor is looking for a reason to buy stocks. The net result improved (less negative) but sales was lower. It’s the sales reports investors should watch during the coming weeks, not the net result.
No surprise that the aerospace sector underperformed but there were no improvement signs from the construction section either, this should be noted.
Peter
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