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.
