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$18.28 0.15 (0.83%)
1/9/2009 4:01 PM

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

CAPS Rating:
*****

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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Avatar whodey007 (41.55) Submitted: 1/19/07 1:34 PM : Outperform Start Price: $39.65 ERJ Score: -16.31

Next time you are at the airport, just take a look at the types of planes sitting at the gate. It started with the commercial carriers replacing their turbo prop planes with these jets and now some of the larger planes are being replaced with the types of jets produced by Embraer.

The planes are smaller and more fuel efficient, which allow airlines to cut costs by reducing their staffing required for each flight as well as save money in fuel costs. I believe this company is going to be a great investment for years to come.

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