HOWMET AEROSPACE INC (NYSE:HWM) – A Strong Growth Stock with Technical Breakout Potential

HOWMET AEROSPACE INC (NYSE:HWM) was identified by our screener as a strong growth stock with a favorable technical setup. The company combines solid fundamental growth metrics with a bullish price pattern, making it worth a closer look.

Fundamental Strengths

• Growth: HWM has demonstrated strong earnings growth, with EPS increasing by 49% over the past year. Future growth expectations remain positive, with projected annual EPS growth of 20.32%.
• Profitability: The company earns a high Profitability Rating of 9/10, with industry-leading margins, including an Operating Margin of 23.52%.
• Financial Health: HWM maintains a solid balance sheet, reflected in a Health Rating of 7/10, supported by manageable debt levels and strong cash flow generation.

Technical Setup

• Trend Strength: Both short-term and long-term trends are positive, with the stock trading near its 52-week high.
• Support Levels: Multiple support zones exist below the current price, including a key area between $178.89 - $180.97, providing a potential stop-loss reference.
• Breakout Potential: The stock is consolidating near resistance at $184.91 - $186.14. A breakout above this level could signal further upside.

For a deeper analysis, review the full fundamental report and technical report.

Our Strong Growth Stocks with Good Technical Setup screener lists more stocks meeting these criteria.

Disclaimer

This is not investment advice. Always conduct your own research before making investment decisions.