Howmet Aerospace (NYSE:HWM) has outperformed the market over the past 5 years by 22.71% on an annualized basis producing an average annual return of 35.72%. Currently, Howmet Aerospace has a market capitalization of $27.94 billion. Buying $1000 In HWM: If an investor had bought $1000 of HWM stock 5 years ago, it would be worth $4,599.96 today based on a price of $68.10 for HWM at the time of writing. Howmet Aerospace’s Performance Over Last 5 YearsFinally — what’s the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make i…