5 Stocks to Buy According to Bluegrass Capital Partners

3. TransDigm Group Incorporated (NYSE:TDG)

Bluegrass Capital Partners’ Stake Value: $14,240,000
Percentage of Bluegrass Capital Partners’ 13F Portfolio: 8.09%
Number of Hedge Fund Holders: 57

TransDigm Group Incorporated (NYSE:TDG) designs, manufactures, and markets airplane components. It ranks third on the list of 10 stocks to buy according to Bluegrass Capital Partners.

On September 13, Morgan Stanley analyst Kristine Liwag initiated coverage of TransDigm Group Incorporated (NYSE:TDG), rating the stock as “Buy,” with a price target of $762.

Bluegrass Capital Partners holds 22,000 shares in TransDigm Group Incorporated (NYSE:TDG) worth over $14.24 million, representing 8.09% of its investment portfolio. The hedge fund has increased its stake in TransDigm Group by 5% in the second quarter.

In its second-quarter 2021 investor letter, Vulcan Value Partners, an investment management firm, mentioned TransDigm Group Incorporated (NYSE:TDG). Here is what the fund said:

“TransDigm Group Inc., another material contributor during the quarter, is an aerospace manufacturer providing highly engineered, niche components for use on commercial and military aircraft. The vast majority of the company’s profits come from aftermarket sales. Its business was impacted by the global pandemic; however, the company has been able to maintain margins despite strong revenue headwinds, and it continues to generate strong free cash flow.”