Is Heico (HEI) Stock Outpacing Its Aerospace Peers This Year?

Group 1 - Heico Corporation (HEI) is outperforming its Aerospace peers with a year-to-date return of 20.7%, while the Aerospace sector has returned an average of -3.1% [4] - The Zacks Rank for Heico Corporation is 2 (Buy), indicating a positive earnings outlook with a 2.4% increase in the consensus estimate for full-year earnings over the past quarter [3] - Heico Corporation belongs to the Aerospace - Defense Equipment industry, which has an average gain of 14.3% this year, further highlighting its strong performance [5] Group 2 - Another outperforming stock in the Aerospace sector is Leidos (LDOS), which has returned 38.4% year-to-date and has a Zacks Rank of 1 (Strong Buy) [4][5] - The Aerospace - Defense industry, which includes Leidos, has seen a decline of -8.3% since the beginning of the year, contrasting with Heico's performance [6]