Billionaire Wilbur Ross: Why This Stock May Bounce

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Struggling metals giant Alcoa is doing a “very good job” managing through the difficult world economic environment and the slump in commodities prices, billionaire vulture investor Wilbur Ross told CNBC on Monday.

While encouraged by Alcoa’s execution, Ross said he’s not a buyer of the stock yet, “because they have a couple of bad quarters to get through.”

Billionaire Wilbur Ross: Why This Stock May Bounce

Wilbur Ross

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