Jim Cramer on Howmet Aerospace: "It's Just in The Sweet Spot"
Howmet Aerospace Inc. (NYSE:HWM) is one of the stocks on Jim Cramer’s game plan. Cramer was bullish on the stock, as he commented:
One other… Howmet, terrific aerospace parts company, gives a presentation about its technology on Tuesday. It seems that almost every time this company speaks, its stock jumps. We joke about how much Howmet is loved… I think you can own it with a little risk and a lot of love right here. It’s just in the sweet spot.
Howmet Aerospace Inc. (NYSE:HWM) provides engineered solutions for aerospace and transportation, including aircraft engine components, fastening systems, structural materials, and forged wheels. Cramer also showed a positive sentiment toward the stock during the March 2 episode, as he remarked:
Finally, in 10th place, there’s Howmet Aerospace again… This stock’s outperformance is nothing new. I’ve loved Howmet for ages, and it is now up more than 800% over the past five years. That includes a 26.2% gain last month. This thing has no quit in it. Nothing surprising here. The aerospace bull market remains fully in place. Really, the whole aerospace defense complex looks terrific right now.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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