Howmet Aerospace Inc. (HWM) is benefiting from strength in the commercial aerospace market. The strength in air travel continues, as it has throughout 2023, with wide-body aircraft demand picking up, supporting continued OEM spending. The pickup in air travel is positive for the company because the increased use of aircraft spurs spending on parts and products that HWM provides. It also encourages airlines to buy more aircraft, which again drives Howmet’s sales.An expanding defense budget is a growth cataly ...