Howmet Aerospace (HWM) was a top performer in Q1 with a 19% gain

Fidelity Investments released its first quarter 2025 investor letter for the Fidelity Growth Strategies Fund, focusing on mid-cap growth investments. The fund’s Retail Class shares returned -8.03% in Q1, underperforming the benchmark Russell Midcap Growth Index. U.S. mid-cap growth stocks saw fluctuations due to post-election concerns and rising uncertainty about trade and tariffs.

Howmet Aerospace Inc. (NYSE:HWM) was highlighted in the investor letter as a top pick. The company provides advanced solutions for aerospace and transportation industries. Howmet Aerospace Inc. (NYSE:HWM) saw a one-month return of 1.16% and a 52-week gain of 121.80%. On July 2, 2025, its stock closed at $175.95 per share, with a market capitalization of $71.026 billion.

Howmet Aerospace Inc. (NYSE:HWM) was a top performer in the first quarter, gaining 19% due to better-than-expected Q4 earnings and revenue growth in its commercial aerospace business. Management raised the Q1 dividend by 25% and increased revenue guidance. The company’s strong performance contributed to its positive outlook for the full year.

Howmet Aerospace Inc. (NYSE:HWM) is not among the 30 most popular stocks among hedge funds, with 56 hedge fund portfolios holding it at the end of Q1. While Howmet Aerospace Inc. (NYSE:HWM) has potential as an investment, the focus remains on AI stocks for higher returns in a shorter timeframe. Check out the report on an undervalued AI stock poised for massive gains.

Read more at Yahoo Finance: Here’s What Lifted Howmet Aerospace (HWM) in Q1