TransDigm Reported Earnings Last Week. Here's How This Quiet Aerospace Stock Turned $10,000 Into a Fortune.
Call it a monopoly or a private equity company in disguise, but there's no doubt TransDigm is a compounder.
Overview
"Hidden gem" describes a high-performing stock that isn't generating much fanfare. In the hidden gem family, some names are undiscovered Hope Diamonds. That's the 45.5-carat gem with an estimated value of up to $350 million.
Admittedly, describing that level of jewelry prestige for any stock takes some liberties, but it is befitting of some names in the unheralded camp. TransDigm (NYSE: TDG) is a prime example.
Details
First, let's address the recent goings-on at this aerospace and defense parts supplier. The company reported fiscal third-quarter results last week, telling investors sales jumped 23% to $2.74 billion while adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) rose 19% to $1.5 billion.
Source
Originally published at www.fool.com.