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

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.

TransDigm Group ( TDG) pushed the Aerospace/Defense industry lower today making it today's featured Aerospace/Defense laggard. The industry as a whole closed the day down 0.7%. By the end of trading, TransDigm Group fell $2.92 (-2.0%) to $145.20 on average volume. Throughout the day, 641,842 shares of TransDigm Group exchanged hands as compared to its average daily volume of 522,800 shares. The stock ranged in price between $144.39-$149.13 after having opened the day at $146.40 as compared to the previous trading day's close of $148.12. Other companies within the Aerospace/Defense industry that declined today were: Smith & Wesson Holding Corporation ( SWHC), down 5.7%, Frontline ( FRO), down 4.6%, Erickson Air-Crane ( EAC), down 4.3% and Spirit AeroSystems Holdings ( SPR), down 3.0%.

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 $7.7 billion and is part of the industrial goods sector. Shares are up 8.6% year to date as of the close of trading on Monday. Currently there are 8 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, notable return on equity, 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.

On the positive front, Ducommun ( DCO), up 13.2% and Breeze-Eastern Corporation ( BZC), up 2.1%.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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