Alcoa Corp (AA) Stock has given a 41.41% profit in 2 weeks

 

 

Two weeks ago for our mobile subscribers, we proposed AA when it was at 12.92 as a potential BUY trade.

Now at 18.27 has given a 41.41% profit, but has some more room to grow!

“….Our Quantamental model has raised a flag for buying AA at these levels with a probability of 73.4%, its price to reach 20 USD within the next 12 months.
The current pandemic situation will probably put some pressure on all markets. But AA’s position in the US market & the anticipated accelerating measures against Chinese aluminum imports plus a much expected “new deal” if Biden wins the elections will put significant fuel to its price. Especially when the pandemic passes, fiscal policy will give a boost to stocks like AA….”

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