Howmet and FTAI are near their all time highs as investors rotate out of tech stocks. The defense stocks hold strong technical ratings.

PITTSBURGH--(BUSINESS WIRE)--Howmet Aerospace Inc. Announces Pricing of Debt Offering.

HWM, AER and OLO made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on August 7, 2024.

PITTSBURGH--(BUSINESS WIRE)--Howmet Aerospace Receives Two-Notch Rating Upgrade from Moody's and Outlook Upgrade from Fitch.

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Howmet (HWM) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Howmet (HWM) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Does Howmet (HWM) have what it takes to be a top stock pick for momentum investors? Let's find out.

Here is how Howmet (HWM) and Advanced Drainage Systems (WMS) have performed compared to their sector so far this year.

This company is delivering structural components at a higher rate than airplane production rates as major airplane manufacturers continue to plan production ramp-ups. End demand for airplanes remains strong, and it's a question of when, not if, airplane manufacturers execute on their multiyear backlogs.

Rotation or not, certain stocks are screeching higher as we head into August. Strong earnings, economic tailwinds and positive sentiment are driving some of the hottest stocks to new heights and seeing them trade at or near 52-week highs.

Howmet Aerospace Inc. (HWM), NatWest Group plc (NWG), 1st Source Corporation (SRCE) and Kellanova (K) recently hiked dividends.