Spirit AeroSystems Holdings, Inc. (NYSE:SPR)
CAPS Rating:
The Company is an independent original parts designer and manufacturer of aerostructures in the world.
The Company is an independent original parts designer and manufacturer of aerostructures in the world.
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Recs
When somebody talks about aerospace industry and says it is now going to have a bull cycle for the next few years because many airlines would have to renew some/most of their fleet. I say, if the airlines didn't have to renew their fleet, aerospace industry would collapse. I don't see as renewed optimism. I see it as business that was already within the industry. Then, why this renewed optimism as if you just discovered something and hence are going bullish?
I'm bearish on the whole industry and any related sectors. I don't see how you can go bullish on a sector whose end customer is struggling.