Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
) pushed the Aerospace/Defense industry higher today making it today's featured aerospace/defense winner. The industry as a whole closed the day up 0.6%. By the end of trading, TransDigm Group rose $4.52 (3.0%) to $156.06 on heavy volume. Throughout the day, 696,005 shares of TransDigm Group exchanged hands as compared to its average daily volume of 443,100 shares. The stock ranged in a price between $151.49-$156.99 after having opened the day at $151.49 as compared to the previous trading day's close of $151.54. Other companies within the Aerospace/Defense industry that increased today were:
), up 5.5%,
), up 4.3%,
), up 3.6% and
), up 2.4%.
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TransDigm Group Incorporated, through its subsidiaries, designs, produces, and supplies engineered aerospace components for commercial and military aircraft customers in the United States. TransDigm Group has a market cap of $7.8 billion and is part of the industrial goods sector. The company has a P/E ratio of 62.1, above the S&P 500 P/E ratio of 17.7. Shares are up 8.9% year to date as of the close of trading on Monday. Currently there are 7 analysts that rate TransDigm Group a buy, no analysts rate it a sell, and 6 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full TransDigm Group Ratings Report.
On the negative front,
), down 2.4%,
), down 1.9% and
), down 1.7% , were all laggards within the aerospace/defense industry with
) being today's aerospace/defense industry laggard.
- Use our aerospace/defense section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the aerospace/defense industry could consider
) while those bearish on the aerospace/defense industry could consider
- Find other investment ideas from our top rated ETFs lists.