HEICO (HEI), a manufacturer of Federal Aviation Administration ((FAA))-approved jet engine and aircraft component replacement parts for government markets, is a buy for the total return and growth investor. HEICO has steady growth and has plenty of cash, which it uses to expand its product line and to buy bolt-on companies. The company is being reviewed using The Good Business Portfolio guidelines, my IRA portfolio of good-business companies that are balanced among all styles of investing.
HEICO has a great five-year chart going up and to the right for 2016 through 2019 YTD.