TXT - 5 Top Aerospace Stocks to Buy for the Long Haul
A full recovery in commercial aviation will take time, but it's a question of when, not if. So if you want to play a multiyear recovery in the sector, then stocks like aerospace and defense company Textron (NYSE: TXT) , pilot training and simulator company CAE (NYSE: CAE) , aerospace and defense giant Raytheon Technologies (NYSE: RTX) , small-cap aviation services AAR (NYSE: AIR) , and advanced-materials company Hexcel (NYSE: HXL) are excellent ways to gain exposure. Here's why.
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Textron stock soared more than 50% in 2021, and there's reason to believe it can continue. The industrial, defense, and aerospace company operates out of four segments, Bell (military and commercial helicopters), Industrial (specialized vehicles, fuel systems, and functional components), Textron Systems (military hardware, robotic land vehicles, air support for the U.S. military), and Textron Aviation (business jets and planes).
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5 Top Aerospace Stocks to Buy for the Long Haul