Woodward Stock Jumps 31% in a Year: Can It Sustain the Momentum?

Woodward, Inc.’s (WWD) shares have proven resilient with a 31.2% gain in the past year compared with Aerospace -Defense Equipment industry and the S&P 500 composite’s growth of 26.9% and 16.6%, respectively.Price PerformanceImage Source: Zacks Investment ResearchThe stock is trading above its 100 and 200-day moving averages, indicating robust upward momentum and price stability. Closing at $184.59 as of yesterday’s trading session, the WWD stock is currently trading 8.5$201.64, a ...