Transdigm Group Inc (TDG) is ready to fly by taking off from ground level. Defense industry is coming together to echo confrontation between US and China after trade war and virus dispute. Thus, TDG may benefit potential uptrend with this macroeconomic view. Fundamental, recent 2020 Q2 report include highlights below:
- Net sales of $1,443 million, up 23.5% from $1,168 million;
- Net income from continuing operations of $323 million, up 61.5% from $200 million;
- Earnings per share from continuing operations of $5.63, up 58.1% from $3.56;
It is worth of attention in this industry and TDG stock.