Heico Corp.’s (HEI.A) Momentum Remains Strong Despite Market Headwinds

Brasada Capital Management, an investment management company, released its Q3 2026 investor letter. The letter can be downloaded here. This quarter saw a slight market increase, with the S&P 500 up 2.30%, diverging from smaller companies, indicating underlying issues. Historical parallels to the late 1990s investment booms highlight the importance of disciplined valuations, particularly amidst the current AI trend. While resilient demand and GDP growth persist, inflation and energy costs...