High Titanium Demand Means Allegheny Technologies Should Outperform

Barry Gitarts submits : Titanium Metals Corp. (TIE) reported better then expected earnings yesterday. Allegheny Technologies Incorporated (ATI) is a more consistent producer with more conservative estimates.

Given the current demand for titanium based on TIE's reported quarter, I am willing to say with a high degree of probability that Allegheny will beat estimates on Wednesday.

ATI 1-yr chart:

Disclosure: I may be long the stocks mentioned above for myself and clients. Not a recommendation to buy or sell any security.