Ridiculous and Unwarranted Weakness...
The stock is acting so weird last couple days after a major beat on both top and bottom lines. Yes there is AfterMarket weakness but the OE (over 60% of revs last quarter) is SO darn strong and getting stronger. What gives? Problem not specific to BEAV - Transdigm and Triumph are both hit as well. The latter got hit after beating on both top and bottom lines yesterday and RAISING guidance - Hello??? A significant portion of TGI's revs are AM. They will find a floor soon after the weak hands depart and resume upward trajectory...