Ducommun, Inc. (DCO)
Through its subsidiaries, the Company designs, engineers and manufactures aerostructure and electromechanical components and subassemblies, and provides engineering, technical and program management services for the aerospace industry.
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I think aerospace and defense spending will be cut dramatically to balance the budget.
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I am a big aerospace bull. DCO's conservative balance sheet has left them in a favorable position during the market downturn. DCO's recent acquisition provides them with much needed 787 exposure. due to the timing of their acquisition I expect that they acquired this company for dirt cheap
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Look at it's performance since the crash. Defense contracts and soild stats make this a solid buy for now.
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This stock along with the rest of the defense sector is heading higher. Say hello to investors and money managers looking to survive a recession this summer by jumping into defense. Learn to follow the crowd (mutual funds and such)--it consistantly weathers better than navigating against the grain.
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Military,Air Force, Crying for more planes. These guys are oem to most everybody.
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