Discussions on Reddit regarding Howmet Aerospace Inc. (HWM) have been lively, with users debating the potential for growth in the aerospace sector. One user noted that HWM has seen a significant increase of 123% this year, suggesting it is one of the best value and growth stocks available. However, others pointed out that the sector's growth might already be priced in, citing supply chain constraints affecting major players like Airbus and Boeing. The conversation also touched on the potential for related companies, particularly engine manufacturers, to benefit from service contracts despite current capacity challenges.
Another thread focused on technical trading signals for HWM, with users discussing the anticipation of a buy signal based on multiple indicators. The post highlighted a 75% win rate on a 15-minute chart, sparking interest among traders looking for short-term opportunities. This technical analysis approach contrasts with the broader market discussions, emphasizing the diverse strategies investors are considering for HWM.
As of the latest update, Howmet Aerospace Inc. (HWM) is trading at $119.6, reflecting a slight increase of 0.41% from the previous close.