George Tsilis looks abroad at a German-based aerospace stock: MTU Aero Engines (MTUAY). The company has a storied past, dating all the way back to WWI, but shares hit all-time highs this week.
Here is how MTU Aero Engines AG (MTUAY) and Triumph Group (TGI) have performed compared to their sector so far this year.
MTU Aero Engines (MTUAY) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
If you are looking for stocks that are well positioned to maintain their recent uptrend, MTU Aero Engines (MTUAY) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.
MTU Aero Engines (MTUAY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).