They just hit a 52 week low on bad news (some of their a320 turbines have casting imperfections and will require rebuilds), causing a 25% haircut
Morningstar evaluated this and sees no long term impact, I'm struggling to see one myself. In the short term profits will be down due to being out of pocket for the repairs but ultimately this is s wide moat stock trading at a claimed 32% discount to fair value. Since they're also a defense play they should be relatively insulated from any recession nonsense next year.
Convince me this is a bad play before I throw more money at it
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