11 Most Volatile Stocks to Buy According to Hedge Funds

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9. Century Aluminum Company (NASDAQ:CENX)

Number of Hedge Fund Holders:  36 

Beta Rating as of February 18: 2.20

Century Aluminum Company (NASDAQ:CENX) is among the Most Volatile Stocks.

On February 3, 2026, B. Riley lifted Century Aluminum Company (NASDAQ:CENX)’s price objective to $64 from $37 while maintaining a Buy rating following the sale of the Hawesville facility to TeraWulf. B. Riley said that the minority holding could be worth more than $300 million and described the transaction as mutually beneficial.

On January 13, 2026, Wells Fargo elevated Century Aluminum Company (NASDAQ:CENX)’s price objective to $61 from $46 while retaining an Overweight rating. The firm predicted healthy copper and aluminum markets in 2026, noting limited new supply and persistent 50% US tariffs on imported steel and aluminum. It also pointed out demand risks and replacement.

On February 9, 2026, Century Aluminum Company (NASDAQ:CENX) and Emirates Global Aluminium hired Bechtel to do preliminary engineering for a main aluminum facility in Inola, Oklahoma. The project seeks to increase US primary aluminum production, with a final investment decision and development beginning by the end of 2026, creating 1,000 permanent jobs and 4,000 construction jobs.

Century Aluminum Company (NASDAQ:CENX) produces aluminum and operates reduction plants in the United States and Iceland. It produces standard ingots, T-ingot, extrusion billet, horizontal direct chill ingot, molten, slab, and sow.

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