The student pilot reported that, during a touch and go landing, they were about 5 to 10 ft left of runway centerline. The flight instructor told him to perform a go around and, during the climb, the airplane aerodynamically stalled. The instructor took the flight controls, the airplane drifted left, and impacted cars and "other ground objects." The flight instructor reported that, during the touch and go landings, she observed the student pilot was struggling to maintain traffic pattern altitude and was excessively left of runway centerline. She discussed with him that he would not be allowed to land until on centerline. During the accident landing, the student was left of runway centerline and she asked him to correct. He corrected and she anticipated a full landing. During the landing flare, the airplane drifted left and she instructed him to perform a go around. The student aggressively pitched up and she heard the stall warning horn and the stall audio annunciation. She took the flight controls and lowered the nose, but the airplane continued to drift left. The airplane impacted cars and a hangar. The airplane sustained substantial damage to the fuselage and left wing. The flight instructor reported that there were no preaccident mechanical failures or malfunctions with the airplane that would have precluded normal operation. The automated weather observation station located about 9 miles south of the accident airport reported that, about 5 minutes after the accident, the wind was from 290° at 9 knots, gusting to 15 knots. The student pilot landed the airplane on runway 34.