And now we have a whole new cohort going, which is aerospace. If Boeing (BA) really does ship, then you can buy a host of companies, including BE Aerospace (BEAV), Triumph (TGI), Allegheny (ATI), Honeywell (HON), Goodrich (GR) and Spirit (SPR) -- the last could be huge!

Buy - Price 66.25 on Feb. 5
by Zacks Research

The aerospace industry is entering the sweet spotof this cycle. TGI [an aircraft-components designer, manufacturer and distributor] reported net sales from continuing operations for 3Q of fiscal year ending March 31 at $275.1 million, versus $237.8 million for [the year-ago period]....we believe TGI is [currently] undervalued and upgrade to Buy. Market-cap: $915 million.

GE: Commercial plane engine revenues were up 66% and backlog is 151% of Q4 revenues.

TGI provides to both Airbus and Boeing, but may be hurt in the near term by the 787 delay. TGI is contracted to do more as a percentage of total work on the 787 than it does on anyother plane. (Good when the orders actually get filled but bad as sceptics are abound on the project.)

screen result(peg bet .5 and 1, 5y yr growth est > 20%, price bet 15 and 85)
kept upward trending ones

Expecting longterm gain

Aero/Defense

BUY

Triumph Group (TGI) was upgraded from Neutral to Buy, Merrill Lynch said. $95 price target. Estimates also raised, as the company's margins should rise as management executes on its turnaround strategy.

generated from model

aerospace play