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I am not sure what kind of redirect you are setting but if it is a 301 then you should be fine. Are you looking for type-in traffic? You will not be able to use the new domains in the search engines if they are just aliases for another site. SE will consider them mirrors and remove them from the index.
here is a post about useful domains.
www.keyword-rich-url.com would point to 18.104.22.168 and that IP is www.companyname.com. The address bar never says www.companyname.com. It appears that www.keyword-rich-url.com is the site.
So would you say you do recommend using this tactic?