TECH - Here's How Much a $1000 Investment in Heico Corporation Made 10 Years Ago Would Be Worth Today | Benzinga
For most investors, how much a stock's price changes over time is important. This factor can impact your investment portfolio as well as help you compare investment results across sectors and industries.
Another thing that can drive investing is the fear of missing out, or FOMO. This particularly applies to tech giants and popular consumer-facing stocks.
What if you'd invested in Heico Corporation (NYSE: HEI) ten years ago? It may not have been easy to hold on to HEI for all that time, but if you did, how much would your investment be worth today?
Heico Corporation's Business In-Depth
With that in mind, let's take a look at Heico Corporation's main business drivers.
Florida-based HEICO Corporation, incorporated in 1957, is one of the world's leading manufacturers of Federal Aviation Administration ("FAA")-approved jet engine and aircraft component replacement parts. It also manufactures various types of electronic equipment for the aviation, defense, space, medical, telecommunications and electronics industries. The company's products are found on large commercial aircraft, regional, business and military aircraft, as well as on a large variety of industrial turbines, targeting systems, missiles and electro-optical devices.
HEICO Corp. operates in two segments, the Flight Support group and the Electronic Technologies ...