Why Boeing, Triumph Group, and Heico Stocks All Popped This Morning
The aerospace rally, which began Monday with a TSA tweet about weekend airline traffic growth, is entering its second day Tuesday.
Surprisingly, while airline stocks appear to be up 1% or 2% more or less across the board, the farther up the supply chain you go, the better the news gets, with shares of airplane manufacturer Boeing (NYSE: BA) rising 3.8% through 11:20 a.m. EDT, and its Boeing suppliers Heico (NYSE: HEI) and Triumph Group (NYSE: TGI) up 4.3% and 11.8%, respectively.
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Source Fool.com
