Howmet Aerospace Gains 26.2% Last Month, Up 800% Over Five Years
Howmet Aerospace shares have climbed over 800% in five years and risen 26.2% last month, with Jim Cramer praising its sustained outperformance. The company, employing 24,000 across 19 countries and operating four segments, is expanding capacity to capitalize on growth in commercial aerospace, defense spending and industrial gas turbines.
1. Jim Cramer’s Bullish Remarks
Jim Cramer highlighted Howmet Aerospace’s consistent outperformance, noting an over 800% share gain in five years and a 26.2% jump in the last month. He attributed the rally to the ongoing strength in the aerospace and defense complex and the sector’s broad bullish momentum.
2. Company Fundamentals and Growth Drivers
Howmet employs 24,000 people across 19 countries and operates four segments—Engine Products, Fastening Systems, Engineered Structures and Forged Wheels. With capacity expansions underway, the company is positioned to benefit from rising commercial aircraft production, increased defense budgets and growing demand for industrial gas turbines driven by AI and data center growth.