Howmet (HWM) Surges 4.6%: Is This an Indication of Further Gains?

Howmet Aerospace Inc. (HWM) shares ended the last trading session 4.6% higher at $184.9. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 4% gain over the past four weeks.Howmet’s rally is primarily driven by optimism about its strong momentum in the commercial and defense aerospace markets. Robust orders for engine spares for the F-35 program, aerospace fastening systems and airframe structural components augur wel ...