Jetliner Parts Makers Are On a Tear -- Market Talk

Dow Jones05-03

1127 ET - TransDigm reports next week, and you'd bet against anything but another beat and raise, for all Boeing's production woes. Suppliers are diverting resources to Airbus production as well as defense and spares for commercial jets being flown longer and harder. TransDigm is now a $70 billion company, its stock up almost 30% this year, while engine specialists Howmet and ATI have gained 44% and 27%, respectively. Only GE's spin-driven 60% gain tops that trio. (doug.cameron@wsj.com)

 

(END) Dow Jones Newswires

May 03, 2024 11:27 ET (15:27 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment