FinanceCentury Aluminum: A Strong Buy with Significant Growth Potential
Century Aluminum (CENX) is positioned for substantial growth, with a projected 50% upside over the next 12-16 months. This positive outlook is fueled by industry-wide aluminum deficits and robust pricing. The company's impressive Q1 adjusted EBITDA of $231 million, with Q2 guidance set at $315–335 million, highlights its strong financial performance. Furthermore, a 40% stake in a new US smelter joint venture and anticipated share buybacks after 2026 are expected to drive long-term value.