The CEO of Alcoa Inc. (NYSE:AA) has commented on the US’s ‘really nice comeback.’

Is Alcoa Inc. (NYSE:AA) Optimism Warranted?

In an interview with FOX Business Network’s Liz Claman, the CEO of Alcoa Inc. (NYSE:AA), Klaus Kleinfeld, suggested that aluminum has become the number one choice of many manufacturer’s for producing items from cans to cars.

He also said that “The US already has come back. Automotive is a large part of the US industrial complex. I am really optimistic about the growth potential the US has.”

Aloca Inc. (NYSE:AA) shares were at 17.37 at the end of the last day’s trading. There’s been a 28.8% change in the stock price over the past 3 months.

Aloca Inc. (NYSE:AA) Analyst Advice
Consensus Opinion: Hold
Mean recommendation: 2.34
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 2.41
Zack’s Rank: 3 out of 7 in the industry