March Market Madness: Alcoa (AA)

March 3, 2011 12:50 pm

As we mentioned earlier, this month we are going to be looking at the stocks that make up the DJIA. First up is Alcoa (AA).

Alcoa gets a combined score of -3.5. Most of that is due to the poor technicals that shares have been exhibiting. Shares just popped above the 50-day moving average where they have been finding support. But, over the most recent period they have been in a downtrend.

Fundamentally, the stock is not showing strong growth and that just does not cut it in our opinion.

AA 20100302

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