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Aerospace-Defense Equipment Industry Expected To Outperform Market
The aerospace-defense equipment industry is expected to outperform the market over the next three to six months, driven by strategic M&A activity and resilient air-travel demand. HEICO Corp., ATI Inc., and Teledyne Technologies Inc. are three defense equipment stocks with robust short-term price upside potential, according to Zacks Investment Research. Each of these stocks has a favorable Zacks Rank and strong growth prospects, with expected revenue and earnings growth rates ranging from 7.4% to 57.7%. This article originally published on Zacks Investment Research.