HEICO: Acquisition Strategy Going Strong, But Valuation Looks Stretched (NYSE:HEI)
The aerospace maintenance, repair, and overhaul (MRO) industry may be boring, but it certainly is hot these days. Rising defense budgets, surging air travel, and multiple fleet modernization programs have given the industry strong tailwinds. Heico Corporation (NYSE:I am a Professional Investor with decade long experience of investing in public markets within the UK and Asia. After starting my career in the Asset Management industry, I have been involved in markets as an investor, portfolio consultant and ac ...