Reported 2 days ago
Analyst Jed Ellerbroek has expressed bullish sentiments about TransDigm Group Incorporated (NYSE:TDG), citing its rapid growth in the aerospace aftermarket, particularly as Boeing faces delivery issues. Despite global economic uncertainties and potential recession risks, TransDigm continues to thrive, benefiting from increased demand for replacement aircraft products. The company recently reported earnings that surpassed expectations, announced a significant special dividend, and maintains strong capital for future acquisitions, ranking 8th on the list of top stocks to watch.
Source: YAHOO