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Investors Business Daily
Investors Business Daily
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INVESTOR'S BUSINESS DAILY

Stocks Showing Market Leadership: Century Aluminum Earns 93 RS Rating

On Wednesday, Century Aluminum earned an upgrade to its Relative Strength (RS) Rating, from 89 to 93.

IBD's proprietary RS Rating measures market leadership by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.

Over 100 years of market history shows that the market's biggest winners often have an RS Rating north of 80 at the beginning of a new climb.

Here Are 3 Keys For Successful Stock Investing

Century Aluminum is working on a cup without handle with a 25.39 buy point. See if the stock can clear the breakout price in heavy trade. It's a later-stage pattern, and investors should be aware that those involve more risk.

Earnings grew 0% last quarter, up from -94% in the prior report. Revenue also increased, from -3% to -1%. The next quarterly results are expected on or around Feb. 20.

Century Aluminum holds the No. 6 rank among its peers in the Metal-Fabricators industry group. Mueller Industries, RBC Bearings and Northwest Pipe are among the top 5 highly rated stocks within the group.

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