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Fly News Breaks for August 10, 2015
PCP, COL, BRK.A, TXT, TGI, SPR
Aug 10, 2015 | 07:50 EDT
Wells Fargo believes that Berkshire Hathaway's (BRK.A) takeover of Precision Castparts (PCP) highlights the value of high margin suppliers like Rockwell Collins (COL) that have experienced a deceleration in their earnings growth. Wells thinks the deal should boost the multiples of commercial aerospace stocks. Other commercial aeroapce stocks include Spirit AeroSystems (SPR), Triumph Hroup (TGI) and textron (TXT).
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