Aerospace Ready To Take Off: Goldman Sachs Reveals 11 Top Picks In The Sector
Aerospace Ready To Take Off: Goldman Sachs Reveals 11 Top Picks In The Sector
Here's what you need to know — and the top stocks analysts say you should have on your radar.The commercial aerospace sector is gaining altitude, driven by surging demand for passenger travel, robust freight activity, and a resurgence in aircraft orders.
商業航空行業正在攀升，受乘客旅行需求激增、貨運活動強勁以及飛機訂單恢復的推動。
According to Goldman Sachs analyst Noah Poponak, CFA, air traffic recovery is exceeding expectations, with growth now outpacing GDP by more than double.
根據高盛分析師諾亞·波波納克（CFA）的說法，航空交通的恢復超出了預期，增長速度現在已經超過GDP的兩倍以上。
The sector's strong fundamentals, buoyed by tight supply chains and rising aftermarket revenues, are positioning key aerospace stocks for a significant takeoff.
該行業的強勁基本面，由緊缺的供應鏈和上升的售後收入支撐，正在使關鍵的航空公司股票具備顯著騰飛的基礎。
Here's what you need to know — and the top stocks analysts say you should have on your radar.
以下是您需要知道的內容——以及分析師建議您關注的頂級股票。
Air Traffic Surpasses Pre-Pandemic Levels
航空交通超過疫情前水平
"The overall commercial aerospace market is fundamentally strong," said Poponak in a note Thursday.
波波納克在週四的一份報告中表示：「整體商業航空市場根本上是強勁的。」
Global passenger traffic continues its remarkable climb as international air traffic jumped 9% year-over-year (yoy) in September, following an 11% yoy increase in August, according to the International Air Transport Association (IATA). Passenger capacity rose in lockstep, up 9% and 10% yoy, respectively.
全球乘客流量繼續顯著攀升，根據國際航空運輸協會（IATA）的數據，9月份國際航空交通同比增長9%，繼8月份11%的同比增長之後。乘客運力也隨之上升，分別同比增長了9%和10%。
Goldman Sachs forecasts another 9% yoy gain for October based on airline reports.
高盛預測，基於航空公司報告，10月份仍將有9%的同比增長。
Forward airline schedules indicate that global passenger capacity will grow by 6% to 7% year-over-year through November, December, and January, reflecting sustained demand as travel appetite remains strong.
前方的航空公司時刻表顯示，全球乘客運力將在11月、12月和1月同比增長6%至7%，這反映出持續的需求，因爲旅行的渴望仍然強烈。
Freight Market Delivers Double-Digit Growth
貨運市場實現兩位數增長
The recovery isn't limited to passengers. International freight traffic surged 11% yoy in September, following a 12% yoy gain in August, with freight capacity expanding by 8% yoy in both months.
復甦不僅限於乘客。國際貨運交通在9月份同比激增11%，繼8月份同比增長12%之後，貨運能力在這兩個月中同比增長了8%。
Major cargo players FedEx Corp. (NYSE:FDX) and United Parcel Service Inc. (NYSE:UPS) also saw gains, with UPS reporting 11% yoy growth and FedEx posting a 3% yoy increase in global air cargo traffic.
主要貨運玩家聯邦快遞公司（紐交所：FDX）和聯合包裹公司（紐交所：UPS）也看到了增長，UPS報告同比增長11%，而聯邦快遞在全球航空貨運交通中錄得3%的同比增長。
Boeing, Airbus Rack Up Orders
波音、空中客車集團（adr）獲得訂單
Large commercial jet manufacturers are riding the wave of demand. In October alone, Boeing Co. (NYSE:BA) secured 63 new orders, while Airbus SE (OTCPK: EADSY) booked 82 aircraft orders—both with zero cancellations.
大型商業噴氣式飛機制造商正乘着需求的浪潮。在10月，波音公司（紐交所：BA）獲得了63個新訂單，而空中客車集團（OTCPK: EADSY）預訂了82個飛機訂單——兩者均沒有取消。
"New aircraft order campaigning activity appears to remain robust, for both growth and replacement," Poponak wrote.
「新飛機訂單的活動似乎保持強勁，無論是增長還是替代，」Poponak寫道。
Parked aircraft, which currently make up 11.8% of the total global fleet, remained flat month-over-month, further reflecting high utilization levels as airlines capitalize on the recovery in passenger and freight traffic.
停放的飛機目前佔全球機隊總數的11.8%，與上月持平，進一步反映出高利用率，因爲航空公司利用乘客和貨運交通復甦的機會。
Goldman Sachs' Top Stock Picks
高盛的熱門股票推薦
Goldman Sachs' Poponak highlighted 11 buy-rated stocks that stand to benefit from the industry's resurgence. These include large aircraft manufacturers, component suppliers, and business jet producers.
高盛的Poponak強調了11只評級爲買入的股票，這些股票將從行業板塊的復甦中受益。這些包括大型飛機制造商、元件供應商和商務飛機制造商。
| Company | Category |
|---|---|
| Woodward Inc. (NASDAQ:WWD) | Aerospace Systems |
| Boeing Co. | Large Aircraft |
| TransDigm Group Inc. (NYSE:TDG) | Aircraft Components |
| GE Aerospace (NYSE:GE) | Engine Manufacturing |
| HEICO Corp. (NYSE:HEI) | Aircraft Parts |
| Howmet Aerospace Inc. (NYSE:HWM) | Aerospace Materials |
| Ducommun Inc. (NYSE:DCO) | Aerospace Electronics |
| CAE Inc. (NYSE:CAE) | Simulation & Training |
| Bombardier Inc. (OTCPK: BOMBF) | Business Jets |
| Embraer S.A. (NYSE:ERJ) | Regional Aircraft |
| Textron Inc. (NYSE:TXT) | Business Jets & Helicopters |
| 公司 | 類別 |
|---|---|
| 伍德沃德公司 (納斯達克:WWD) | 航空航天系統 |
| 波音公司。 | 大型飛機 |
| TransDigm集團（紐交所：TDG） | 航空公司元件 |
| GE航空航天（NYSE:GE） | 發動機製造 |
| HEICO公司（紐交所：HEI） | 航空公司零部件 |
| 霍米特航空航天公司 (紐交所:HWM) | 航空材料 |
| 杜科蒙(紐交所:DCO) | 航空電子 |
| CAE Inc. (紐交所:CAE) | 模擬與培訓 |
| 龐巴迪公司(OTCPK: BOMBF) | 商務噴氣機 |
| 巴西航空工業(紐交所:ERJ) | 區域型飛機 |
| 德克斯特龍公司(紐交所:TXT) | 公務噴氣機與直升機 |
Among these, Woodward (WWD) is singled out for its placement on Goldman's "Conviction List," while Boeing remains a flagship name for its leadership in large commercial jets.
在這些公司中，伍德沃德(WWD)因被高盛列入"信念名單"而受到關注，而波音則因在大型商用噴氣機領域的領導地位而成爲旗艦品牌。
譯文內容由第三人軟體翻譯。
