Advertisement
Singapore markets closed
  • Straits Times Index

    3,144.76
    -38.85 (-1.22%)
     
  • S&P 500

    5,046.56
    -15.26 (-0.30%)
     
  • Dow

    37,777.45
    +42.34 (+0.11%)
     
  • Nasdaq

    15,848.33
    -36.69 (-0.23%)
     
  • Bitcoin USD

    62,187.20
    -2,059.30 (-3.21%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • FTSE 100

    7,818.50
    -147.03 (-1.85%)
     
  • Gold

    2,392.50
    +9.50 (+0.40%)
     
  • Crude Oil

    85.59
    +0.18 (+0.21%)
     
  • 10-Yr Bond

    4.6610
    +0.0330 (+0.71%)
     
  • Nikkei

    38,471.20
    -761.60 (-1.94%)
     
  • Hang Seng

    16,248.97
    -351.49 (-2.12%)
     
  • FTSE Bursa Malaysia

    1,535.00
    -7.53 (-0.49%)
     
  • Jakarta Composite Index

    7,164.81
    -122.07 (-1.68%)
     
  • PSE Index

    6,404.97
    -157.46 (-2.40%)
     

Forget Boeing Stock, TransDigm Is a Better Buy Right Now

Forget Boeing Stock, TransDigm Is a Better Buy Right Now

Commercial aerospace stocks have taken it on the chin this year as the coronavirus pandemic has wiped out demand for air travel and caused the airlines to scramble to cut costs. Shares of Boeing (NYSE: BA) have lost more than half their value year to date, likely tempting bargain hunters to buy in and wait for the eventual rebound in aviation demand. Here's why I believe TransDigm Group (NYSE: TDG) is a better choice for investors interested in commercial aerospace right now.