kansaslifter

Are Defense and Aerospace Stocks Good Stocks to Own?

Seven months ago, when it seemed like everything was a bargain, I knew that Boeing was. Likewise, BE Aerospace and Goodrich. The entire sector was undervalued. My Boeing is up 30%. BE Aerospace is up 102%, Goodrich is up 75%. And yeah, I bought Bank of America when their CEO did at $4. My only weak pick was General Electric (jet engines) which is down 10% from my purchase price.

Why don't we get the info from the gurus when prices are low?

Many Things to Like About BE Aerospace - But I Sold It Anyway

I bought BEAV on Dec 12 at 7.25. I was pretty happy when it hit $10 two days ago. My opinion? The backlog in the aerospace industry makes these stocks bargans. I have 4 positions in aerospace companies and my portfolio is up a little over 20% since November.