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

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 higher today making it today's featured aerospace/defense winner. The industry as a whole closed the day up 0.7%. By the end of trading, TransDigm Group rose $6.92 (4.2%) to $171.92 on heavy volume. Throughout the day, 1,658,963 shares of TransDigm Group exchanged hands as compared to its average daily volume of 381,800 shares. The stock ranged in a price between $166.30-$175.76 after having opened the day at $173.42 as compared to the previous trading day's close of $165.00. Other companies within the Aerospace/Defense industry that increased today were: AerCap Holdings N.V ( AER), up 5.6%, Acorn Energy ( ACFN), up 4.3%, Sifco Industries ( SIF), up 4.2% and Erickson Air-Crane ( EAC), up 3.8%.

TransDigm Group Incorporated, through its subsidiaries, designs, produces, and supplies engineered aerospace components for commercial and military aircraft customers in the United States. The company operates through three reporting segments: Power & Control, Airframe, and Non-aviation. TransDigm Group has a market cap of $8.8 billion and is part of the industrial goods sector. The company has a P/E ratio of 69.9, above the S&P 500 P/E ratio of 17.7. Shares are up 2.6% year to date as of the close of trading on Monday. Currently there are 6 analysts that rate TransDigm Group a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates TransDigm Group as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income and feeble growth in the company's earnings per share.

On the negative front, Air Industries Group ( AIRI), down 5.6%, Innovative Solutions and Support ( ISSC), down 4.3%, Northrop Grumman ( NOC), down 2.2% and Micronet Enertec Technologies ( MICT), down 2.0%.

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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