Investors are expecting strong future growth from HEICO subs...
Investors are expecting strong future growth from HEICO subsidiaries, hence the high P/E ratio. Shareholders feel secure with the future earnings, indicating that a significant share price decline is unlikely anytime soon.
The Price Is Right For HEICO Corporation (NYSE:HEI)
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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