Play the Red-Hot Metals Market with This 1 Aluminum Stock

Company Overview - Kaiser Aluminum (KALU) is valued at $1.91 billion and is a leading producer of semi-fabricated specialty aluminum products, serving various industries including aerospace and automotive [1] - The company’s North American facilities produce a range of value-added products such as sheet, plate, extrusions, rod, bar, tube, and wire [1] Stock Performance - KALU has experienced significant stock performance, gaining nearly 70% over the past year and reaching new 3-year highs [6] - The stock has gained 44.22% since a new "Buy" signal was issued on October 8 [2] - Recently, KALU traded at $118.65, with a 50-day moving average of $99.07 [7] Technical Indicators - Kaiser Aluminum maintains a 100% "Buy" opinion from Barchart, indicating strong analyst and investor sentiment [6][7] - The stock has a Weighted Alpha of +85.27 and a Relative Strength Index (RSI) of 80.70, suggesting strong technical momentum [7] - KALU has made 15 new highs and gained 23.53% in the last month [7] Financial Metrics - The company has a trailing price-earnings ratio of 24.29x [7] - Revenue is expected to grow by 10.64% this year and an additional 12.95% next year [8] - Earnings are estimated to increase by 135.53% this year and by 22.45% next year [8] - KALU offers a dividend yield of 2.6% [8] Market Sentiment - The stock has low short interest at 3.34%, indicating bullish sentiment among investors [6]