TransDigm Group Incorporated (NYSE:TDG) is considered one of the best aerospace and defense stocks to buy by Wall Street analysts, with a consensus Buy rating and an average price target of $1568.46, implying 23.45% upside. Bank of America praises TDG’s growth metrics and robust business model driven by pricing power and commercial aerospace aftermarket execution. The company’s positive outlook includes addressing OEM destocking concerns, opportunities in the defense sector, and strategic focus on mergers and acquisitions for long-term value generation. TransDigm Group focuses on designing, producing, and supplying highly engineered aircraft components for commercial and military aircraft, emphasizing critical parts acquisition and strong aftermarket sales.

Read more at Yahoo Finance: Is TransDigm Group (TDG) One of the Best Aerospace and Defense Stocks to Buy According to Wall Street Analysts?