12 Best Under-the-Radar Stocks to Buy According to Hedge Funds

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5. Century Aluminum Company (NASDAQ:CENX)

Century Aluminum Company (NASDAQ:CENX) is one of the best under-the-radar stocks to buy according to hedge funds. On February 24, B. Riley raised its price target on Century Aluminum Company (NASDAQ:CENX) from $64 to $68 and kept its Buy rating on the stock.

The research firm said the company guided for a strong Q1, with adjusted EBITDA expected to be between $215 million and $235 million. B. Riley noted that Century Aluminum Company (NASDAQ:CENX) is positioned to generate significant EBITDA and cash flow before the initial spending begins at its new smelter project with Emirates Global Aluminium in Oklahoma.

Earlier, on February 20, BMO Capital also raised its price target on Century Aluminum Company (NASDAQ:CENX) from $52 to $61 and kept its Outperform rating. These updates came after the company reported Q4 2025 results.

Century Aluminum Company (NASDAQ:CENX) posted EBITDA of $171 million for the quarter, which came at the lower end of the company’s guidance but was mostly in line with expectations. The restart of the company’s Mt. Holly facility is expected to help improve results.

BMO Capital added that EBITDA and free cash flow are likely to improve in the first quarter of 2026 based on current spot prices. Century Aluminum Company’s (NASDAQ:CENX) Grundartangi smelter is also expected to return to near full operations by the end of July.

Century Aluminum Company (NASDAQ:CENX) is a global metals and mining company focused on bauxite, alumina, and aluminum. The company has operations in the US, Iceland, Jamaica, and the Netherlands.

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