HEICO Corp (NYSE:HEI)
CAPS Rating:
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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Heico reminds me of LKQ. Both deal in after market parts for their specific industries, both have consistent, strong earnings over an extended period of time, and both companies are well managed. Like LKQ, I believe Heico will outperform the market in the the future.