Howmet Aerospace (NYSE: HWM) – A Hidden Gem in Aerospace
While much of the aerospace industry struggled in 2024, Howmet Aerospace quietly delivered a standout performance. The stock climbed over 102% last year, defying the sector’s broader lackluster trends. Now, after a 7% pullback in December, the current price presents a buying opportunity for investors looking to capitalize on this resilient player.
Unlike Boeing, which has faced operational challenges and a 32% drop in its stock price last year, Howmet has demonstrated strength and consistency. The company specializes in engineered metal products, including aerospace components that are critical for modern aircraft. Its niche focus and strong execution have allowed it to outperform the broader market.
Most analysts are bullish on Howmet, with the median price target suggesting a 16% upside from current levels. This optimism is backed by the company’s ability to navigate a challenging sector and still deliver impressive returns. Howmet’s combination of growth potential and a proven track record makes it a compelling choice for investors seeking exposure to aerospace without the volatility of its larger peers.
If you’re looking for a smart aerospace play, Howmet is one to consider. The recent pullback could be your chance to get in before the next leg up.
