Altra Industrial Motion Corp Ranked Among Today’s Top Buys Amid Concerns Of The Fed Ending The Economic Stimulus [Forbes]
Altra Industrial Motion Corp. (AIMC)
Last altra industrial motion corp. earnings: 4/30 07:00 am
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US:NASDAQ Investor Relations:
ir.altramotion.com/investor-relations
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Source: Forbes
gettyThe catalysts to close out the week remained relatively the same. Investors are still concerned about the Fed ending economic stimulus. At the same time, the Delta threatens to upend all the economic recovery we’ve seen this year. On the news of the Fed’s potential tapering, oil and copper are down roughly 9% and 7%, respectively, this week. The 10-year yield was also at 1.242% on Friday morning, a significant dip from its 1.78% peak in late March. Meanwhile, the S&P 500 and the DowDOWNDAQTryq.aiSign up for the free Forbes Investor newsletterhereto join an exclusive investing community and get premium investing ideas before markets open.Altra Industrial Motion Corp (MC)Altra Industrial Motion Corp is our first Top Buy today. Altra Industrial Motion Corp designs, manufactures and markets power transmission and motion control products. Our systems rated the company C in Technicals, C in Growth, C in Low Volatility Momentum, and A in Quality Value. The stock closed down 1.79% to
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