HEICO is a rare compounder because owner-managers with a decentralized culture keep growing niche, FAA-approved aerospace parts. The Mendelson family owns about 20%, and the stock has compounded about 22% a year since 1990. Q2 revenue rose 25% to $1.38B and EPS 49% to $1.66, both beating estimates. Planes fly 30+ years and need parts throughout, in an aerospace market projected to grow from $330B in 2023 to $662B by 2033. The stock is always expensive; low $40s would be a lucky entry. x.com  … Show more

TransDigm's valuation has normalized to roughly the same multiple as 10 years ago, which looks reasonable, even cheap. Organic growth prospects are probably as good as before and COVID proved the business is a cockroach. Against that, M&A is less of an opportunity now given the law of large numbers, and rates are higher. It is probably less undervalued today than a decade ago, but not by much. x.com  x.com 

Nvidia, Broadcom and Meta look attractively valued on PEG ratios, while Apple looks expensive. A PEG below 1 signals mispriced growth and above 2 means things are getting expensive; Amazon, Microsoft and Alphabet rate as reasonable. x.com 

Astera Labs is a great company but definitely overvalued today. Per @StockSavvyShay, it carries a PEG ratio of about 3.6x, the highest among the semiconductor stocks compared and well inside the danger zone above 2x. x.com