5 High-Flying Aerospace and Defense Stocks to Buy

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Just last week, aerospace giant Boeing (NYSE:BA) inked two record deals. First, an $18 billion contract for 777 jets, followed soon after by a $21.7 billion order. It all goes to show that even though government spending may not be what it once was, the private sector has created strong demand for aerospace and defense stocks these days.

I watch more than 5,000 publicly traded companies with my Portfolio Grader tool, ranking companies by a number of fundamental and quantitative measures. This week, I’ve zeroed in on five aerospace and defense stocks to buy.

Here they are, in alphabetical order. Each one of these stocks gets an “A” or “B” according to my research, meaning it is a “strong buy” or “buy.”

Goodrich (NYSE:GR) supplies aerospace components, systems and services to the general airplane market. GR stock is up 39% year-to-date compared to the Dow Jones, which is down slightly on the year.

HEICO (NYSE:HEI) is an aerospace, industrial, defense and electronics company whose products can be found on large commercial aircraft, regional, business and military aircraft; a large variety of industrial turbines; targeting systems; missiles and electro-optical devices. HEI stock is flying high — up 35% YTD.

Lockheed Martin (NYSE:LMT) researches, designs, develops, manufactures, integrates and sustains highly advanced technology systems and products. A modest return of 6% year-to-date has ensured LMT a spot on this defense stock list.

Precision Castparts Corp. (NYSE:PCP) manufactures complex metal components and products that provide investment castings, forgings and fasteners/fastener systems for aerospace and industrial gas turbine applications. PCP stock has risen nearly 11% YTD.

TransDigm Group (NYSE:TDG) designs, produces and supplies highly engineered aircraft components to its customers across the globe. Year-to-date, TDG stock has climbed almost 29%.

Get more analysis of these picks and other publicly traded stocks with Louis Navellier’s Portfolio Grader tool, a 100% free stock-rating tool that measures both quantitative buying pressure and eight fundamental factors.


Article printed from InvestorPlace Media, https://investorplace.com/2011/11/aerospace-defense-stocks-to-buy-gr-hei-lmt-pcp-tdg/.

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