Aerospace Stocks Are Set To Fly High On Multi-Year Tailwinds, Says Mario Gabelli
Portfolio Pulse from Adam Eckert
Mario Gabelli, the CEO of GAMCO Investors, has expressed interest in several aerospace stocks, including Crane Co (CR), Textron Inc (TXT), and L3Harris Technologies Inc (LHX). He believes that the aerospace industry, including defense and commercial aviation, is set to experience significant growth in the coming years. At the time of writing, shares of Crane, Textron, and L3Harris were down 0.84%, 0.87%, and 0.03% respectively.
August 04, 2023 | 11:45 am
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POSITIVE IMPACT
Crane Co's stock is expected to rise due to positive outlook from Mario Gabelli.
Mario Gabelli's positive outlook on the aerospace industry and his specific mention of Crane Co indicates potential growth for the company's stock.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
L3Harris Technologies Inc's stock is expected to rise due to positive outlook from Mario Gabelli.
Mario Gabelli's positive outlook on the aerospace industry and his specific mention of L3Harris Technologies Inc indicates potential growth for the company's stock.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Textron Inc's stock is expected to rise due to positive outlook from Mario Gabelli.
Mario Gabelli's positive outlook on the aerospace industry and his specific mention of Textron Inc indicates potential growth for the company's stock.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90