Here's Why Shares of Howmet Aerospace Crushed the Market in May
Howmet Aerospace(HWM) The Motley Fool·2024-06-06 00:31
The aerospace supplier beat expectations in the first quarter, and there's reason to believe its strong run can continue.Shares in aerospace and transportation engineering products company Howmet Aerospace (HWM 2.35%) soared by 26.8% in May, according to data provided by S&P Global Market Intelligence. The move came after the release of its first-quarter earnings report, which saw the company blow past expectations for the quarter and raise its full-year guidance.Howmet Aerospace raised guidanceThe followin ...