Howmet (HWM) is an Incredible Growth Stock: 3 Reasons Why

Core Viewpoint - Growth investors are increasingly focused on stocks with above-average financial growth, but identifying stocks that can sustain this growth is challenging [1] Group 1: Company Overview - Howmet (HWM) is identified as a promising growth stock, supported by a favorable Growth Score and a top Zacks Rank [2] - The company has a historical EPS growth rate of 36.2%, with projected EPS growth of 37.1% this year, significantly outperforming the industry average of 17.9% [4] Group 2: Financial Metrics - Howmet's asset utilization ratio (sales-to-total-assets ratio) stands at 0.73, indicating higher efficiency compared to the industry average of 0.56 [5] - The company's sales are expected to grow by 10.5% this year, while the industry average is only 2.5% [6] Group 3: Earnings Estimates - The current-year earnings estimates for Howmet have been revised upward, with the Zacks Consensus Estimate increasing by 0.2% over the past month [8] - A positive trend in earnings estimate revisions is correlated with near-term stock price movements, further validating Howmet's growth potential [7] Group 4: Investment Recommendation - Howmet has achieved a Growth Score of B and a Zacks Rank 2 due to positive earnings estimate revisions, positioning it well for potential outperformance [10]