Christine Poole
Textron Inc
TXT-N
HOLD
Jan 09, 2018
Doesn't cover this closely, but they are a big business jet manufacturer. There has been an oversupply in that industry. Going forward, as corporate profits improve, you usually see affirming in business jet orders. They also have a defence operation as well. She wouldn't be inclined to buy at these prices.
Primarily Cessna (business aircraft) and Bell Helicopter. The Cessna is sold out for a couple of years and the helicopter section is doing well. The company has one other area that will be sold off.
(A Top Pick Nov 14/05. Up 10%.) Manufacture business jets and armoured vehicles for the military as well as Bell helicopters. They all have tremendous demand.
Doesn't cover this closely, but they are a big business jet manufacturer. There has been an oversupply in that industry. Going forward, as corporate profits improve, you usually see affirming in business jet orders. They also have a defence operation as well. She wouldn't be inclined to buy at these prices.