We have narrowed our search to three momentum stocks set to report earnings results this month. These are: AA, DECK, PCAR.
The aluminum giant is about to report earnings after the bell.
CDNA, ALNY, ICL, AVXL and AA have been added to the Zacks Rank #1 (Strong Buy) List on January 21, 2025.
AA, FOXA and INDB made it to the Zacks Rank #1 (Strong Buy) income stocks list on January 21, 2025.
AA's fourth-quarter 2024 results are expected to gain from strength across the Aluminum and Alumina segments.
Beyond analysts' top -and-bottom-line estimates for Alcoa (AA), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.
Alcoa (AA) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
Our methodology combines sentiment and non-linear analysis, focusing on human behavior patterns to trade stocks like Alcoa Corporation effectively. Traditional technical analysis is insufficient; our approach identifies high-probability setups with specific risk parameters, as illustrated here with AA stock. Recent analysis projected a pullback in Alcoa, presenting a bullish opportunity with a favorable risk-reward ratio.
Alcoa has fallen almost 60% since its peak of $92 in March 2022 as compared to a 33% increase in the S&P500 index during the same time. Alcoa's downward stock price movement is much sharper compared to that for its peers, including Century Aluminum Co which is down 33%, and Kaiser Aluminum Corp down 28% in the period between March 2022 to now.
Every earnings season has its share of winners and losers, as well as top and bottom-line surprises and disappointments. This recent earnings season is no different.
Subscribers to Schaeffer's Weekend Trader options recommendation service received this AA commentary on Sunday night, along with a detailed options trade recommendation -- including complete entry and exit parameters.