3 Growth Stocks for In-the-Know Investors
For their own reasons each of these three stocks has exciting growth prospects which the market may be missing, therefore granting investors a very interesting buying opportunity. Aerospace and defense giant Raytheon Technologies (NYSE: RTX) stock will prove to be significantly undervalued if it meets management's expectations. Science and engineering consultancy Exponent (NASDAQ: EXPO) is a little-followed stock that gives investors exposure to growth in regulation and legal exposure facing companies in the future. And finally, toolmaker Stanley Black & Decker's (NYSE: SWK) underlying growth initiatives are being overlooked due the noise around its earnings.
Now, I know what you are thinking. However, instead of thinking about commercial aerospace as an industry to avoid due to the uncertainty around the timing of a recovery, why not think of it as one set to grow strongly from a very low base?
This point is likely to become clear when worldwide commercial flights start growing again on a year-over-year basis, probably in March. I mention March because that's when air travel is coming up against the period when it slumped due to the COVID-19 pandemic spreading worldwide. Then again, growth is growth even if it's coming from a depressed base.
Source Fool.com
