HEICO Corp (NYSE:HEI)

CAPS Rating: 4 out of 5

Manufacturer of FAA approved jet engine replacement parts, other than the original equipment manufacturers and their subcontractors. Also manufactures electronic equipment for aerospace, defense, and electronics industries.

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Player Avatar garifool (40.00) Submitted: 8/26/2007 12:48:16 AM : Outperform Start Price: $26.79 HEI Score: +53.93

HEICO Corp Bullish.
This stock has a 4 stars rating by S&P which does not always mean a lot, I've seen stocks drop abruptly after a very high ranking. But still...
Analysts ratings have moved up in the past month.
As mentioned by someone else, it is one of the top five growth stocks from the Wall street Journal.
Thestreet.com has a A+ rating on that stock,

Why not "ride the wave"?

What attracts me to this stock is that they make approved cheaper replacement parts for jet engines, and they have quite an impressive list of high grade airliner clients:Lufthansa,American,United, Delta, Japan Airlines,British Airways.
The Pentagon will have to replace lots of parts, and (supposing that they do care about taxpayers more then about pleasing other "friendly" lobbyists), it could also become a good client.

I'm not too impressed by the dividend, this would not motivate me per se, but the mere fact that they do pay something is a good sign too.

Technically, the stock is bullish for the short, the middle and the long term, and the relative strength is very high!

Third quarter results will be released on August 29th - to buy before or after? this is always a gamble.

The less good aspect is the selling of the insiders in 2007, although not too massive. There are no buys. So this might not be a long term buy.

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