Are You Looking for a Top Momentum Pick? Why Century Aluminum (CENX) is a Great Choice

Company Overview - Century Aluminum (CENX) currently holds a Momentum Style Score of B, indicating a positive outlook based on momentum investing principles [2] - The company has a Zacks Rank of 2 (Buy), suggesting strong potential for outperformance in the market [3] Price Performance - Over the past week, CENX shares have increased by 12.41%, outperforming the Zacks Metal Products - Procurement and Fabrication industry, which rose by 3.19% [5] - In a longer time frame, CENX's monthly price change is 10.68%, compared to the industry's 1.63% [5] - Over the past quarter, CENX shares have risen by 38.15%, and over the last year, they have increased by 61.22%, while the S&P 500 has only moved 13.05% and 20.74%, respectively [6] Trading Volume - CENX's average 20-day trading volume is 1,653,817 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Outlook - In the past two months, one earnings estimate for CENX has moved higher, while none have moved lower, resulting in an increase in the consensus estimate from $1.78 to $2.00 [9] - For the next fiscal year, one estimate has also moved upwards with no downward revisions during the same period [9] Conclusion - Considering the positive price trends, trading volume, and earnings outlook, CENX is positioned as a solid momentum pick with a Momentum Score of B and a Zacks Rank of 2 (Buy) [11]