What Makes Howmet (HWM) a Strong Momentum Stock: Buy Now?

Company Overview - Howmet (HWM) currently holds a Momentum Style Score of B, indicating a positive momentum outlook [3] - The company has a Zacks Rank of 2 (Buy), suggesting strong potential for outperformance in the market [4] Price Performance - HWM shares have increased by 13.49% over the past week, significantly outperforming the Zacks Aerospace - Defense industry, which rose by 4.22% during the same period [6] - Over the last month, HWM's price change is 35.93%, compared to the industry's 18.92% [6] - In the past quarter, HWM shares have risen by 20.48%, and over the last year, they have gained 95.17%, while the S&P 500 has moved -7.56% and 9.65%, respectively [7] Trading Volume - HWM's average 20-day trading volume is 2,676,586 shares, which serves as a baseline for price-to-volume analysis [8] Earnings Outlook - In the last two months, 5 earnings estimates for HWM have been revised upwards, while none have been revised downwards, increasing the consensus estimate from $3.23 to $3.39 [10] - For the next fiscal year, 4 estimates have moved higher, with 1 downward revision [10] Conclusion - Given the positive price momentum and favorable earnings outlook, HWM is positioned as a strong candidate for investors seeking momentum stocks [12]