HEICO (HEI) Stock Looks Fully Priced On Its 122% Five Year Run

HEICO has delivered a long stretch of gains for shareholders, which naturally raises a sharper question today. Is the current share price, with all that history baked in, still in line with the cash flows the business can produce? Over the past 5 years the stock has returned 121.6%, which puts real weight on whether cash generation can keep supporting a valuation at these levels. The group’s model of selling specialized aerospace parts and high margin replacement components can support...