Overlooked Alpha

Overlooked Alpha

This Aerospace Supplier Is Ready To Take Off

Short-term improvements and long-term demand should combine for impressive upside

Overlooked Alpha
Jan 14, 2024
∙ Paid

Highlights:

  • After years of pressure from the Boeing MAX crashes and the novel coronavirus pandemic, this diversified supplier has returned to growth.

  • The stock gained nicely in 2023, but shares are still down 40% from the end of 2019.

  • There’s a clear path toward recapturing those levels and a strong case for even higher profits.

  • Gains of over 100% are absolutely on the table, with strong preliminary figures last week strengthening the near-term narrative.

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