Defense stocks were on fire in 2024, with names like HEICO (NYSE: HEI) gaining more than 50% at the movement's peak. Now, pulling back, the question is whether this aerospace company is a buy or is it time to fly the coop, sit on the fence, and wait for better prices. Because the company is growing organically, acquiring businesses, generating cash flow, reducing debt, and supported by global trends, this stock will likely move higher next year. In that scenario, the question becomes the right price points to target.
