Embraer-Empresa Brasileir de Aero (ADR) (NYSE:ERJ)

CAPS Rating: 5 out of 5

Produces aircraft for commercial, corporate and defense purposes. The Company has obtained, developed and enhanced its engineering and technological capabilities through its own development of products and joint product development with foreign companies.

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Player Avatar Schmacko (97.20) Submitted: 3/3/2010 6:00:44 PM : Outperform Start Price: $13.96 ERJ Score: +37.28

I really like this company for it's military segment. I expect the highly regarded Super Tucano will find it's way into more airforces in the region over the next few years. I also think once the KC-390 goes into production it will have strong domestic and international demand as a low cost alternative to many countires aging C-130 fleets. Strategic airlift capability is painfully lacking in many countries around the world participating in NATO and UN peacekeeping missions. I expect over the next decade Embraer could be one of the main companies filling that gap.

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