15 Best Fundamental Stocks to Buy According to Hedge Funds

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12. HEICO Corporation (NYSE:HEI.A)

5-Year Revenue Growth Rate: 13.42%

Number of Hedge Fund Holders: 65

HEICO Corporation (NYSE:HEI.A) ranks among the best fundamental stocks to buy according to hedge funds. On June 23, Stifel initiated coverage of the electronics and aerospace company HEICO Corporation (NYSE:HEI.A) with a $352 price target and a Buy rating. The research firm’s optimistic assessment of HEICO’s shares was bolstered by “continued solid operations and ongoing momentum” throughout the company’s portfolio.

However, a downturn in the commercial aerospace cycle, adjustments to government expenditure trends, and difficulties with acquisition sourcing and integration are some of the possible negative risks that the firm highlighted as part of its investment thesis.

Stifel also identified potential failures to enhance product offerings through HEICO Corporation (NYSE:HEI.A)’s internal development programs and contract costs that surpass projections.

HEICO Corporation (NYSE:HEI.A) is a leader in electronics and aerospace that manufactures products for use in spacecraft, airplanes, defense systems, medical devices, and telecommunications equipment.

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