I have been monitoring the TransDigm Group (TDG) for a couple of years. I mainly used it to monitor the situation in the aerospace industry. Unfortunately, I never pulled the trigger and bought the stock. The company just reported its second-quarter results from the 2019 fiscal year. TransDigm once again easily beat both sales and earnings estimates and jumped higher, thanks to strong organic growth and successful acquisitions. My plan is to buy a large position as soon as the stock offers a correction opportunity, which could be caused by declining economic indicators.