Don't Know What to Do With That Tax Refund? Consider These 3 Stocks
(TransDigm Group): TransDigm is largely in the business of making spare parts for airplanes and defense platforms. I realize that doesn't sound like the most glamorous business to be in, but you can't knock the results: TransDigm was one of the best-performing aerospace stocks of the last decade, up 1,084% from 2000 to 2009. The pandemic took its toll. Airlines cut back on flights due to a lack of travel demand, and that meant falling demand for spare parts. But with travel now rebounding faster than airlines can get their debt-bruised balance sheets in order the carriers are going to be forc...
Source: fool.com