Heico: A Small-Cap Aviation Bet with Big Momentum
08/10/2017 2:52 am EST
Our latest recommendation is Heico Corporation (HEI), a small-cap stock Florida-based company engaged in niche segments of the aviation, defense, space and electronics industries, asserts Nicholas Vardy in his quantitative trading service, Momentum Trader Alert.
Heico’s customers include a majority of the world’s airlines as well as numerous defense and space contractors and military agencies worldwide.
Founded in 1949, Heico’s customers include a majority of the world’s airlines as well as numerous defense and space contractors and military agencies worldwide.
The company’s clients also include telecommunications, electronics and medical equipment manufacturers.
Our recommendation is to buy Heico Corporation at market and place a stop at $71.00. With the stock market due for a pullback, I am holding off on recommending options on this stock for now.