In a world full of amazing tech gadgets and near-miraculous medical breakthroughs, it is hard to get too excited about airplane parts. But one under-the-radar aerospace supplier has generated returns for investors over the years that put all but the best tech investments to shame.

TransDigm Group (NYSE: TDG), an assembly of parts businesses few have heard of, has more than quadrupled the performance of the S&P 500 over the past decade when factoring in dividends. Since the beginning of 2010, the stock is up more than 1,900%.

That's in the past, but TransDigm's formula for delivering market-beating returns shows no signs of slowing. TransDigm through the years has made investors rich. Here's why it is still an intriguing investment today.

Continue reading

Source Fool.com