Is This Defense Stock Still the Smartest Buy After Its Big Run?
Howmet Aerospace posted a nearly sixfold gain over the past three years, but that doesn't mean upside from here is limited.
Overview
Trying to find the "best" or the "smartest" stocks to own is a lot like seeking perfection. Investors are apt to feel as though they're aiming at a moving target.
Recalibrate expectations to "smart" from "smartest," and a wider selection universe opens. It includes Howmet Aerospace (NYSE: HWM). This aerospace stock is on a spectacular three-year run, gaining 500% and trouncing the largest industrial, aerospace, and defense exchange-traded funds (ETFs) along the way.
There are many reasons why Howmet Aerospace is a smart idea among industrial stocks. Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.