HEICO Corporation (NYSE:HEI) is ranked among the 10 Best Defense Contractor Stocks to Buy Now. BofA Securities raised its price target on HEI from $355 to $400, citing the company’s decentralized operations and focus on lower pricing driving market share gains. HEICO reported a 30% increase in net income, with sales and operating income also rising. The company is well-positioned for sustained growth. HEICO offers aerospace, defense, and electronic products globally. Although HEI shows promise, other AI stocks may offer greater potential. For more information on AI stocks, refer to the provided links. No disclosures were made.

Read more at Yahoo Finance: BofA Securities Increased Its Price Target on HEICO Corporation (HEI) to $400