In a welcome move, Century Aluminum saw its Relative Strength Rating improve from 61 to 75 on Wednesday.
This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history shows that the best stocks tend to have an RS Rating of above 80 in the early stages of their moves. See if Century Aluminum can continue to show renewed price strength and hit that benchmark.
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While Century Aluminum is not near an ideal entry right now, see if it manages to form and break out from a proper base.
Century Aluminum saw both earnings and sales growth rise last quarter. Earnings-per-share increased from -94% to 0%. Revenue rose from -3% to -1%. The next quarterly results are expected on or around Feb. 20.
The company earns the No. 7 rank among its peers in the Metal-Fabricators industry group. Mueller Industries, Valmont Industries and Northwest Pipe are among the top 5 highly rated stocks within the group.
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