Alcoa's
results and guidance always serve as a useful indicator for what
sectors of the industrial economy are going to do well in the coming
quarters. With regard to its latest results, the upgrade to its
full-year end demand for the North American heavy truck and trailer
market is obviously good news for truck maker Paccar and engine manufacturer Cummins. In addition, Alcoa gave a positive outlook for the U.S. construction market; this should interest shareholders in Ingersoll-Rand. Despite the recent market sell-off, there is some good news out there.
Alcoa updates the market
The following table provides an update on Alcoa's end market guidance for 2014 vs. 2013. The sections in green are where guidance was upgraded from the previous quarter.
The following table provides an update on Alcoa's end market guidance for 2014 vs. 2013. The sections in green are where guidance was upgraded from the previous quarter.
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