Century (CENX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
In this period of extreme market turbulence, large-cap value stocks are outperforming large-cap growth stocks by nearly 8% YTD. This is a seismic shift in the style regime, as mega-cap growth has typically dominated performance. The Magnificent Seven are underperforming the S&P 500 on average -17.77% vs. -7.64% YTD. Value stocks have come into favor due to their defensive characteristics, hailing from sectors that are more resilient in economic downturns due to their essential nature.
Here, we present four stocks, WLDN, LMB, CENX and DAVE, with solid net profit margins that can contribute to making a strong portfolio.
The average of price targets set by Wall Street analysts indicates a potential upside of 29.4% in Century (CENX). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Does Century Aluminum (CENX) have what it takes to be a top stock pick for momentum investors? Let's find out.
Here is how Century Aluminum (CENX) and Mueller Water Products (MWA) have performed compared to their sector so far this year.
Century (CENX) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
Century Aluminum CEO Jesse Gary says President Donald Trump understands U.S. manufacturing on 'Maria Bartiromo's Wall Street.'
Jesse Gary, CEO of Century Aluminum, discusses how U.S. tariffs support aluminum production growth and domestic job creation.
Trump's tariffs on aluminum are set to transform the earnings power of Century Aluminum, causing a potential tripling of pre-tax profits. After the company's transformation, I believe it is worth $91 per share given the analog of BlueScope Steel. I recommend investors buy CENX stock, given its discount to estimated fair value.
CENX earnings beat estimates in the fourth quarter on higher aluminum prices.