Howmet Aerospace(HWM) The Motley Fool·2025-03-22 11:22Group 1 - Howmet Aerospace is positioned for stability and consistent performance, with shares more than doubling in 2024 [1] - The company manufactures fasteners and engineered products for major industrial clients like Boeing and Airbus, benefiting from the demand for newer, fuel-efficient aircraft [2] - Spare part sales are a significant and profitable segment, driven by airlines' reliance on existing fleets due to Boeing's production challenges [3] Group 2 - In 2024, Howmet achieved a 12% year-over-year revenue growth and generated nearly $1 billion in free cash flow, allowing for stock repurchases, dividends, and debt reduction [4] - The company invests in R&D for lightweight materials and serves energy-generation markets, which may see increased demand from AI data centers [5] - Despite facing cyclical industry challenges and supply chain disruptions, Howmet's strong management and historical resilience position it well for future stability [6][7]