Howmet is Trading Near 52-Week High: Should You Buy the Stock?

Shares of Howmet Aerospace Inc. (HWM) have been showing impressive gains of late, trading close to its 52-week high of $115.38. The stock closed at$113.65 (on Friday), 1.5% below the highest point. In the past six months, shares of the advanced engineered solutions provider have surged 41.7%, outpacing the S&P 500’s and sub-industry’s growth of 14.9% and 2.5%, respectively.The company has also outperformed other industry players like L3Harris Technologies, Inc. (LHX) and Leidos Holdings, Inc. (LDOS) , whic ...