Howmet Aerospace (HWM) has been generating
positive sentiments on the market due to its
outperforming status compared to its aerospace peers. Despite occasional losses, the company's stock consistently
outperforms its competitors. Several investment management firms have reported changes in their stakes in HWM shares, notable examples include
Nordea Investment Management AB selling off their shares and
Principal Financial Group Inc. and
JPMorgan Chase & Co. making significant acquisitions. HWM has also reported
solid earnings and received an average rating of 'Moderate Buy' from brokerages. The company has been recognized among billionaire
Paul Singer's top long-term stock picks and considered among the best aerospace and defense stocks to buy.
Predictions of soaring with the aviation industry's recovery are circulating as well. Despite temporary setbacks like the Boeing strike, HWM has reported successful quarters with record EBITDA and strategic growth. Its
stock price is rapidly increasing, with some targets raised to $135. Finally, due to its
strong financial performance, internal sell-off of $28m in stock alludes to caution among insiders.
Howmet Aerospace HWM News Analytics from Thu, 02 May 2024 07:00:00 GMT to Fri, 10 Jan 2025 21:52:00 GMT -
Rating 7
- Innovation 4
- Information 8
- Rumor 9
