Aluminum (ACH) has been upgraded to a Zacks Rank 2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

(Bloomberg) -- China’s aluminum sector has been oversupplied and unloved by investors for years. The biggest-ever rally in the nation’s top smelter is flipping that assumption on its head.Aluminum Corp. of China Ltd., or Chalco, rose a spirited 80% in Hong Kong in November, its best month since its debut almost two decades ago, as equities and metals prices took heart from China’s V-shaped economic rebound and euphoria that a vaccine could soon put an end to the pandemic.But the extra jolt enjoy...

At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (Recession is Imminent: We Need A Travel Ban NOW). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each […]

Metals stocks are red hot in Tuesday trading, with shares of United States Steel (NYSE: X) leading the sector higher with a 21.3% gain as of 1:40 p.m. EST. Its steelmaking rival Cleveland-Cliffs (NYSE: CLF) is up 10.1%, and Aluminum Corporation of China (NYSE: ACH) is tagging along for the steel ride, up 11.3%. Steel stocks are red hot Tuesday.