David Guarino

Heico Continues To Soar

Last September when AirBus (OTCPK:EADSF) estimated in their Global Market Forecast that 28,200 new aircraft with an estimated market value of $4 trillion would be delivered over the next 20 years, you knew the airline business was back on its feet. This was confirmed again in July when Boeing (NYSE:BA) released their Current Market Outlook for the next 20 years, the numbers were slightly higher estimating 34,000 new airplanes with a $4.5 trillion market value. Regardless of who is correct in their assumptions, the underlying tone is extremely optimistic over the next few decades for the airline industry.

With enormous backlog for both Boeing and Airbus, we are likely to see strong profits from these companies...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details