Why Heico Corporation (HEI) is a Top Growth Stock for the Long-Term

Company Overview - HEICO Corporation is a leading manufacturer of FAA-approved jet engine and aircraft component replacement parts, as well as electronic equipment for various industries including aviation, defense, and telecommunications [11] - The company targets a wide range of applications, including large commercial aircraft, military aircraft, industrial turbines, and electro-optical devices [11] Investment Potential - HEICO is currently rated 3 (Hold) on the Zacks Rank, with a VGM Score of B, indicating a solid investment potential [12] - The company is particularly appealing to growth investors, with a Growth Style Score of B and a forecasted year-over-year earnings growth of 27.5% for the current fiscal year [12] - Recent upward revisions in earnings estimates by seven analysts over the last 60 days have increased the Zacks Consensus Estimate by $0.11 to $4.68 per share [12] - HEICO has demonstrated an average earnings surprise of +13.4%, further enhancing its attractiveness to investors [12] Summary of Zacks Style Scores - The Zacks Style Scores categorize stocks based on value, growth, and momentum characteristics, providing a comprehensive assessment for investors [2][3][4][5][6] - The VGM Score combines all three styles, helping to identify stocks with the best value, growth forecast, and momentum [6] - Stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B are considered to have the highest probability of success [9]