Jim Cramer on Howmet Aerospace: 'Likely to Finish the Year Dramatically Higher'
'But what do we do with the very different set of winners for the first half? I want you to consider the GE Vernovas and the Howmets and the Palantirs, the stocks that are likely to finish the year dramatically higher from these exalted levels. What do you do with the stocks that have been on a run nonstop for 26 weeks, though? I think you send them on one of those two-week vacations like that Southeast Asia, Cape Town, maybe New Zealand. You pay no attention to them. Let them have a good time. Just take them off your screen, come back to them when the rotations run its course.'
Engineers examining stress tests of an aircraft engine, working to make sure its ready for flight.
Howmet (NYSE:HWM) delivers advanced components and solutions for aerospace and transportation, including engine parts, fastening systems, engineered structures, and forged aluminum wheels. The company serves both commercial and defense sectors globally. During a March episode, Cramer mentioned the company stock and said:
'Finally, there are the industrials, again, a group that's prone to failure during a recession. See my point? These are all oddities, right?… Then it's followed by GE Aerospace and Howmet, which makes fasteners for planes. These are both part of the aerospace bull market, which is still going on. It's a quiet one that shows no sign of quitting at all.'
While we acknowledge the potential of HWM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money.
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