Howmet Aerospace Stock Surges 65.6% YTD: Is It Still Worth Buying?

Key Takeaways HWM shares are up 65.6% YTD, beating the broader markets, and peers GE and RTX by wide margins. Commercial and defense aerospace demand drove strong Q1 sales and lifted earnings growth estimates. HWM's forward P/E of 47.65X exceeds industry and peers, raising valuation concerns despite growth tailwinds.Howmet Aerospace Inc.’s (HWM) investors have been witnessing some short-term gains from the stock of late. Shares of the advanced engineered solutions provider for the aerospace and transporta ...