Loar Holdings Inc. LOAR

Investing.com -- Goldman Sachs revealed in a note Thursday that it has added Amazon (NASDAQ: AMZN), Burlington Stores (NYSE: BURL), Huntington Ingalls (NYSE: HII), Johnson Controls (NYSE: JCI) and Occidental Petroleum (NYSE: OXY) to its U.S. Conviction List in the bank’s October update.

Loar Holdings shares have fallen 15.8% over the past year, which puts the spotlight on a simple question for investors who care about fundamentals. Is the current US$65.43 price still aligned with the cash the business is expected to generate over time, or has the market moved ahead of those cash flows? The stock is down 15.8% over the past 12 months, which puts extra weight on whether the recent share performance matches the underlying cash generation story. The company’s value case now...