Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the aim of buying high and selling even higher [1] - The Zacks Momentum Style Score helps define momentum characteristics, with Century Aluminum (CENX) currently holding a Momentum Style Score of A [2] - The Zacks Rank system complements Style Scores, with CENX rated 1 (Strong Buy), indicating potential for outperformance [3] Group 2: Century Aluminum Performance - CENX shares have increased by 18.11% over the past week, while the Zacks Metal Products - Procurement and Fabrication industry remained flat [5] - Over the past quarter, CENX shares have risen by 51.51%, and by 83.31% over the last year, significantly outperforming the S&P 500's gains of 11.05% and 18.96% respectively [6] - The average 20-day trading volume for CENX is 1,445,748 shares, indicating bullish sentiment with rising stock prices [7] Group 3: Earnings Outlook - In the past two months, one earnings estimate for CENX has increased, raising the consensus estimate from $1.78 to $2.30 [9] - For the next fiscal year, one estimate has also moved upwards, with no downward revisions noted [9] - These factors contribute to CENX's strong performance and its designation as a 1 (Strong Buy) stock with a Momentum Score of A [11]
Century Aluminum (CENX) Is Up 18.11% in One Week: What You Should Know