The aerospace sector is an excellent place to invest in 2022, and for those looking to open positions, few options look more appealing to me than aerospace and defense giant Raytheon Technologies (NYSE: RTX), advanced composites company Hexcel (NYSE: HXL), and aviation services company AAR Corp. (NYSE: AIR). Not only have they been significant outperformers so far this year, but their earnings momentum is improving.
The COVID-19 pandemic hit the aviation industry hard and hit the share prices of stocks in the sector. As such, there are good long-term value opportunities in the sector, and I think aviation services company AAR Corp. (NYSE: AIR), Brazilian airline Azul (NYSE: AZUL), and advanced materials company Hexcel (NYSE: HXL) are worth a close look. Most industry observers expect domestic flight departures to return quicker than international flight departures out of the recovery.
Clean Air Metals Inc. ("Clean Air Metals" or the "Company") (TSXV: AIR) (FRA: CKU) (OTCQB: CLRMF) is pleased to announce new assay results from the 2022 drill campaign from the Escape PGE-Cu-Ni Deposit at the Company's Thunder Bay North Project near Thunder Bay, Ontario, Canada (the "Project").