TransDigm Group Inc (TDG): Today's Featured Aerospace/Defense Winner

TransDigm Group ( TDG) pushed the Aerospace/Defense industry higher today making it today's featured aerospace/defense winner. The industry as a whole closed the day up 0.2%. By the end of trading, TransDigm Group rose $2.11 (1.3%) to $160.11 on heavy volume. Throughout the day, 1,202,208 shares of TransDigm Group exchanged hands as compared to its average daily volume of 434,600 shares. The stock ranged in a price between $158.25-$160.68 after having opened the day at $158.28 as compared to the previous trading day's close of $158.00. Other companies within the Aerospace/Defense industry that increased today were: Moog ( MOG.B), up 3.2%, Ducommun ( DCO), up 3.1%, Heico Corporation ( HEI), up 2.1% and FLIR Systems ( FLIR), up 2.0%.

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 $8.1 billion and is part of the industrial goods sector. Shares are up 15.9% year to date as of the close of trading on Friday. Currently there are 7 analysts that rate TransDigm Group a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates TransDigm Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, notable return on equity, 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.

On the negative front, Sifco Industries ( SIF), down 4.8%, TAT Technologies ( TATT), down 3.8%, Astrotech Corporation ( ASTC), down 3.1% and Elbit Systems ( ESLT), down 2.6%.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the aerospace/defense industry could consider iShares DJ US Aerospace & Def Idx ( ITA) while those bearish on the aerospace/defense industry could consider ProShares Short Dow 30 ( DOG).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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