These 3 Unique Stocks Have Undeniable Long-Term Upside
Advanced composites provider (NYSE: HXL), work process technology company Trimble (NASDAQ: TRMB), and sensing and power solutions company ON Semiconductor (NASDAQ: ON) are companies going places. They all offer unique investment propositions for long-term investors. Here's why all three are attractive stocks to buy.
I've covered Hexcel and its recent second-quarter results in more length elsewhere. The earnings report wasn't well received, and the stock sold off in its aftermath. However, I think the market is wrong. Hexcel raised every aspect of its full-year guidance bar except ree cash flow, but that was because of a conscious decision to buy a facility it's leasing. The market may also have worried about the sequential decline in gross margin, but it comes mainly from a solid first-quarter margin.
Longer term, its key customers Boeing and Airbus continue to ramp up airplane production, and Boeing's CEO Dave Calhoun believes composites will play a significant role in the next plane Boeing develops, as well as newer airplanes such as the Airbus A220-500 and larger business jets.
Source Fool.com
Hexcel Corp. Stock
Currently there is a rather positive sentiment for Hexcel Corp. with 12 Buy predictions and 4 Sell predictions.
On the other hand, the target price of 52 € is below the current price of 76.5 € for Hexcel Corp., so the potential is actually -32.03%.
