Textron Stock is the Definition of a Sleeper Hit
Textron Inc. (NYSE:TXT) is one of the smaller aerospace and defense companies. Like many of its sector peers, it benefits from generous defense budgets. But Textron also has exposure to the executive jet market, given that it owns iconic brands such as "Cessna," "Hawker," "Bell Helicopter," and "Beechcraft."
There has been the perception that because of low crude oil prices, demand for business jets has slowed. The weaker financial position of many oil companies has affected the private plane.
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Textron Inc. (NYSE:TXT) is one of the smaller aerospace and defense companies. Like many of its sector peers, it benefits from generous defense budgets. But Textron also has exposure to the executive jet market, given that it owns iconic brands such as "Cessna," "Hawker," "Bell Helicopter," and "Beechcraft."
There has been the perception that because of low crude oil prices, demand for business jets has slowed. The weaker financial position of many oil companies has affected the private plane.
Den vollständigen Artikel lesen ...