Billionaire David Abrams’ Top 5 Stock Picks

3. TransDigm Group Incorporated (NYSE:TDG)

Abrams hedge fund took advantage of the drop in TransDigm Group Incorporated (NYSE: TDG) share price early in 2020 by initiating a big position. Aircraft components provider accounts for 8.15% of Abrams 13F portfolio.

It appears that the Boston-based hedge fund benefitted from the TransDigm position because shares of aircraft components provider grew 40% in the last six months. The future fundamentals of TransDigm improved significantly amid the recovery in the airline industry due to coronavirus vaccine discovery.

Follow Transdigm Group Inc (NYSE:TDG)