Anglo-American Trending Up
by Sam Collins  
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Anglo-American PLC (AAUK) -- This mining company specializes in base metals, platinum, ferrous metals, zinc and coal. It's at the lower end of a broader trading range extending from just over $26 to $36.

On July 30, The Trade of the Day said, "The stock has a dividend yield of 2% and if purchased at the current price is a likely candidate for a trade of 25% sometime within the next 3 months."

Since our prior comment AAUK has continued to consolidate and is still a good candidate for a trade to $34 to $36.


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Sam Collins can be reached directly at samailc@cox.net. You can also check out an archive of some of his most recent market outlooks by clicking here.

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