Top 10 Growing Aerospace and Defense Stocks For Trump’s Presidency

5. Howmet Aerospace Inc. (NYSE:HWM)

Howmet Aerospace, a global transportation and aerospace player, is 13.5% off its 52-week high hit just last month. The dip is an opportunity for investors who may have missed out on the last earnings rally.

The company reported a 40% YoY earnings surge, but the more impressive part of the report was the conversion rate. HWM converted 88% of its net income into free cash flow, closing in on the one billion dollar mark.

This amazing financial strength is also backed by near-term growth, with the company projecting over $8.03 billion in revenue and an EPS of $3.17. While growth in the overall business is anticipated, the Commercial aerospace spares segment is likely to grow much faster, accounting for 20% of the total revenue in 2025, up from the previous 17%.

The 18% projected bottom line growth is driving the stock price higher, and with concerns over the economy sparking a sell off, the dip is a buying opportunity if there ever was one!