Here is Why Growth Investors Should Buy Howmet (HWM) Now

Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying stocks that can fulfill this potential is challenging [1] Group 1: Company Overview - Howmet (HWM) is currently recommended as a growth stock by the Zacks Growth Style Score system, which evaluates a company's real growth prospects beyond traditional metrics [2] - Howmet has a favorable Growth Score and a top Zacks Rank, indicating strong investment potential [2] Group 2: Earnings Growth - Historical EPS growth rate for Howmet is 30.1%, with projected EPS growth of 32.8% this year, significantly higher than the industry average of 18.9% [4] Group 3: Asset Utilization - Howmet's asset utilization ratio (sales-to-total-assets ratio) is 0.72, indicating that the company generates $0.72 in sales for every dollar in assets, outperforming the industry average of 0.66 [5] Group 4: Sales Growth - The company's sales are expected to grow by 9% this year, compared to the industry average of 2.9%, highlighting its strong sales growth potential [6] Group 5: Earnings Estimate Revisions - There has been a positive trend in earnings estimate revisions for Howmet, with the Zacks Consensus Estimate for the current year increasing by 4% over the past month [7] Group 6: Investment Positioning - Howmet has achieved a Growth Score of B and a Zacks Rank 1 due to positive earnings estimate revisions, positioning it well for potential outperformance in the growth stock category [9]