Century Properties expands to Mindanao with 5.3B pesos project

Century Properties expands to Mindanao with 5.3B pesos project

Investors in the Industrial Products sector should be closely monitoring the performance of key companies to identify the best-performing stocks. Century Aluminum (CENX) has been a standout performer this year, according to recent data.

Century Aluminum is one of 189 companies in the Industrial Products group, which currently ranks second in the Zacks Sector Rank [1]. The Zacks Rank is a comprehensive model that evaluates stocks based on earnings estimate revisions and improving earnings outlooks. Century Aluminum holds a Zacks Rank of #1 (Strong Buy), indicating a favorable outlook.

Over the past three months, the Zacks Consensus Estimate for CENX's full-year earnings has moved 15.7% higher, reflecting an improving earnings outlook. Additionally, CENX has gained about 21.9% year-to-date, outperforming the Industrial Products sector's average return of 8.8% [1].

Donaldson (DCI), another notable Industrial Products stock, has also shown strong performance. Since the beginning of the year, DCI has returned 12.4%, with a Zacks Rank of #2 (Buy) [1]. However, Century Aluminum has outperformed its peers within the Metal Products - Procurement and Fabrication industry, which includes 8 companies and has an average year-to-date return of 11.6% [1].

Investors should continue to monitor Century Aluminum and Donaldson, as both companies have demonstrated solid performance and could maintain their strong trajectory. For the latest recommendations from Zacks Investment Research, investors can download the "7 Best Stocks for the Next 30 Days" report.

References:
[1] https://ca.finance.yahoo.com/news/century-aluminum-cenx-outperforming-other-134002478.html