Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why This Top Aerospace Stock Is Poised to Fly Higher

TheMotleyFool

0 0

Why This Top Aerospace Stock Is Poised to Fly Higher

TransDigm Group (NYSE: TDG) has long been among the top performers among aerospace and defense stocks, up more than 1,200% over the past decade. But the company entered its fiscal 2019 last fall with an unusual amount of uncertainty due to an ongoing government investigation and a large acquisition.

TransDigm's fiscal fourth-quarter results, announced Nov. 19, should go a long way toward putting those doubts to rest. The company easily surpassed analyst expectations and said the integration of its $4 billion Esterline Technologies deal is proceeding ahead of schedule.