Heico (NYSE: HEI) beat analyst estimates with record-breaking fiscal Q4 results, net sales up 19% to $1.21 billion, GAAP net income up 35% to $188 million. Flight support group net sales increased by almost 21%, electronic technologies group by 14%. Organic growth and recent acquisitions contributed to the success. Stock is in high-growth sectors like aerospace.

Heico’s stock price rose nearly 6% after the positive earnings report. While not cheap, Heico’s business mix and focus on high-growth sectors like aerospace make it an appealing investment. The company’s success is attributed to its ability to sell classic products and acquire complementary businesses to expand its offerings.

Consideration should be given before investing in Heico, as it was not listed as one of the 10 best stocks by the Motley Fool Stock Advisor analyst team. The team identified 10 stocks that could yield significant returns in the future, similar to Netflix and Nvidia, which showed exponential growth after being recommended.

Read more at Yahoo Finance: Why Heico Stock Zoomed Nearly 6% Higher Today