9. Howmet Aerospace Inc. (NYSE:HWM)
Howmet Aerospace Inc. (NYSE:HWM) is one of the S&P 500 stocks that Jim Cramer shared his take on. Highlighting the bullish aerospace market, Cramer mentioned the company and said:
Finally, in 10th place, there’s Howmet Aerospace again… This stock’s outperformance is nothing new. I’ve loved Howmet for ages, and it is now up more than 800% over the past five years. That includes a 26.2% gain last month. This thing has no quit in it. Nothing surprising here. The aerospace bull market remains fully in place. Really, the whole aerospace defense complex looks terrific right now.
Howmet Aerospace Inc. (NYSE:HWM) provides engineered solutions for aerospace and transportation, including aircraft engine components, fastening systems, structural materials, and forged wheels. Aristotle Growth Equity Fund stated the following regarding Howmet Aerospace Inc. (NYSE:HWM) in its fourth quarter 2025 investor letter:
Howmet Aerospace Inc. (NYSE:HWM) is a leading global provider of advanced engineered products for the aerospace, power generation, and transportation industries, specializing in jet engine components, aerospace fastening systems, airframe structural parts, and forged aluminum wheels. With operations in 19 countries and a workforce of 24,000 employees, the company manufactures most of its products in North America and Europe. Howmet’s business is structured into four segments—Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels—serving key markets such as commercial aerospace, defense, commercial transportation, and institutional sectors.
We believe Howmet Aerospace stands out as a compelling investment opportunity due to its critical role in the aerospace, defense, and industrial markets. As global travel and air freight continue to grow, and major aircraft manufacturers ramp up production to meet surging demand, Howmet is well-positioned to benefit from increasing orders for its essential aircraft components and engine parts. The company is also set to capitalize on rising defense budgets worldwide and the expanding need for industrial gas turbines driven by the growth of artificial intelligence and data centers. While heavy-duty truck production remains weak, Howmet Aerospace maintains strong market share and is poised to benefit from future cyclical recovery. Ongoing capacity expansions further reinforce the company’s ability to capture opportunities across its diversified end markets. Shares are valued at higher multiples compared to their recent historical averages, but we believe this is justified by the company’s strong earnings growth outlook and consistent track record of exceeding expectations.
