Best Aluminum Stocks

Kaiser Aluminum (NASDAQ:KALU)Kaiser Aluminum Corp duces and sells semi-fabricated specialty aluminum ducts primarily to industrial customers

The firm purchases primary and scrap aluminum, primarily from its five largest suppliers, and cesses it into specialized value-added ducts

The company hedges its aluminum costs in an attempt to match commodity price changes between the time it purchases the raw materials and sells the ducts

Kaiser duces high-strength aluminum ducts for the aerospace industry, specialized aluminum extrusions for the automotive industry, and also sells ducts to customers in the general engineering industry

Nearly all of Kaiser’s revenue is generated in the US, with the remainder coming from Canada

The company’s operations are also located in the US and Canada

Is an engineering company that caters to the aviation and automobile industry

Its ducts include aero engine, gas turbine components, airfoils, rings, disks and forgings

Howmet Aerospace also vides metallurgic expertise in titanium and aluminum

The firm operates smelter facilities in the United States and Iceland

The majority of revenue is generated from Glencore, which agreed to purchase nearly all of Century Aluminum’s North American duction

Century purchases nearly all of its alumina from Glencore

The company duces high purity aluminum, standard grade aluminum sow and tee bars, and value-added billet and foundry ducts

Century also owns a carbon anode duction facility in the Netherlands

It is headquartered in Beijing and is the world’s second-largest alumina ducer and third-largest aluminum ducer. ()Open-Close-Vol / Avg. - / -Mkt Cap-Day Range- - -52 Wk Range- - -BuySellCompare Broketart Your Free 14-Day Benzinga TrialReliance (NYSE:RS)Reliance Steel & Aluminum is a metal service center in the United States, viding metal cessing and inventory management services for carbon and stainless steel, aluminum, and alloys

Reliance predominantly supplies the nonresidential construction, automotive, aerospace, energy, transportation, and heavy equipment end

Its duct offerings comprise alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium, and specialty steel ducts

The mass duction of aluminum-based ducts can be attributed to its lightweight nature and durability — making it 1 of the most resourceful metals on the market

Consider diversifying your portfolio by in these best aluminum stocks

Quick Look at the Best Aluminum Stocks:Kaiser Aluminum CorpHowmet Aerospace Inc

Century Aluminum CoAluminum Corporation of China LtdReliance Steel & AluminumTable of ContentsQuick Look at the Best Aluminum Stocks:Overview: Aluminum StocksBest Online Brokers for Aluminum StockSee All 6 ItemsOverview: Aluminum StocksAluminum has been extensively used for more than a century

Now it has become 1 of the lightest metals manufactured in the market

It’s used in the automotive, construction, packaging, electronics, aerospace and defense industry

Aluminum is widely-used in the aerospace industry

It’s been essential in the manufacture of domestic aircraft and satellites

Howmet Aerospace (NYSE: HWM) uses aluminum in the engine systems, body structures and wheel systems of its airplanes

The abundance of aluminum on the earth’s surface and its ability to be alloyed with other metals copper, silicon, tin and zinc also make it a preferable commodity in the electronics industry

Although aluminum doesn’t have the allure of gold and silver, its duction and distribution can easily be tracked

Re construction orders for buildings and manufacturing rates of transport vehicles to get a fair idea of the price movement of aluminum stocks

Best Online Brokers for Aluminum StockOnline brokers allow you to easily track and trade penny stocks, stocks, exchange-traded funds (ETFs), mutual funds and foreign exchange

These platforms are equipped with advanced tools to enhance your trading experience

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You can calculate the EPS of a company by dividing its net income by its total number of outstanding s

Low price-earnings ratios: You can compare the value of similar aluminum stocks in the market by their price-earnings ratio (P/E) ratio

Regular dividend yields: Many aluminum stocks pay dividends to holders

These dividends are issued in cash or equity per quarter or annually

If a company fails to pay dividends, it may indicate that it is running under loss

Pedal to the MetalAluminum is widely used to make the fastest bicycles, boats, trucks and airplanes

Invest in aluminum stocks to accelerate the growth of your portfolio and earn rich dividends as a reward

Frequently Answered QuestionsQWhat are aluminum stocks

AAluminum stocks are s in companies related to the aluminum industry

QAre aluminum stocks a good investment

AAluminum is used in many consumer goods making the stocks a good investment

QWhat are the best aluminum stocks

AYou can find a list of the best aluminum stocks above.