Why Shares of TransDigm Group Soared in January
Shares of TransDigm Group (NYSE: TDG) traded up 14.9% in January, according to data provided by S&P Global Market Intelligence, after the aerospace and defense component supplier preannounced some of its quarterly results.
TransDigm has long been a Wall Street darling, with shares up more than 1,200% over the past 10 years, thanks to the company's ability to generate software-like 45%-plus margins from a collection of aerospace component businesses.
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Source Fool.com
