They've done very well on the back of Boeing's woes. They make replacement parts for old planes, but it's not a cheap stock. He's taken a half position so he can be nimble. A good, long-term company despite a little volatility. They're acquisitive and smart with debt. Airlines are a little risky now, so he feels better being in the parts side, like Heico.
It’s still expensive. Don’t have to worry about the tariffs because it’s mostly domestic. Very well run. If the market goes down 20%, small caps will go down 30%. He’s buying a half position for clients, but is waiting for true value to buy the other half.
Aerospace parts as well as electronic equipment. This has done exceptionally well over time. They are about to split their shares in May, which will probably be a 5 to 4 split, so he would hold back on buying this.
HEICO CORP is a American stock, trading under the symbol HEI-N on the New York Stock Exchange (HEI). It is usually referred to as NYSE:HEI or HEI-N
In the last year, 2 stock analysts published opinions about HEI-N. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for HEICO CORP.
HEICO CORP was recommended as a Top Pick by on . Read the latest stock experts ratings for HEICO CORP.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
2 stock analysts on Stockchase covered HEICO CORP In the last year. It is a trending stock that is worth watching.
On 2023-09-21, HEICO CORP (HEI-N) stock closed at a price of $160.82.
Very high quality business.
Never cheap enough to justify investment.
Company very skilled at M&A.
Strong demand for aircraft parts.
Would invest if share price ever falls.
Sees demand for air travel growing.