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Noranda Aluminum has the Highest Forward Earnings Yield in the Aluminum Industry (NOR, KALU, AA, AWC, CENX)
Edited by : AL CIRCLE
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Below are the three companies in the Aluminum industry with the highest forward earnings yields. Using projected earnings for the current fiscal year, the forward earnings yield is useful to compare a stock's return vs. owning a similar stock or other yield assets (e.g. bonds). Generally, the higher the earnings yield, the more undervalued the stock.Noranda Aluminum ranks highest with a forward earnings yield of 8.6%. Kaiser Aluminum is next with a forward earnings yield of 6.5%. Alcoa ranks third highest with a forward earnings yield of 5.0%.
Alumina follows with a forward earnings yield of 1.6%, and Century Aluminum rounds out the top five with a forward earnings yield of 0.7%.
SmarTrend recommended that its subscribers protect gains by selling shares of Century Aluminum on March 5th, 2012 by issuing a Downtrend alert when the shares were trading at $9.51. Since that call, shares of Century Aluminum have fallen 13.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Alumina follows with a forward earnings yield of 1.6%, and Century Aluminum rounds out the top five with a forward earnings yield of 0.7%.
SmarTrend recommended that its subscribers protect gains by selling shares of Century Aluminum on March 5th, 2012 by issuing a Downtrend alert when the shares were trading at $9.51. Since that call, shares of Century Aluminum have fallen 13.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
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