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5 Stock Strategies From Wall Street: Feb 7 (Update 1)

5) Aerospace Manufacturing Preview

This week is a key week for earnings from aerospace and defense companies, with a slew of names speaking at investor conferences. The rundown for earning reports includes TransDigm (TDG - Get Report) on Tuesday, Spirit AeroSystems (SPR) on Thursday and FLIR Systems (FLIR - Get Report) on Friday. The analysts at UBS have a mixed preview of the stocks.

TransDigm beat estimates earlier today, reporting earnings, excluding items, of $1.42 a share compared to the forecast of $1.25 a share. Sales rose 51% to $352 million, north of the $345.8 million forecast. As expected, the company raised its guidance for 2012 in light of its closed acquisition of Harco.

Prior to Tuesday's earnings report, TheStreet rated TransDign a buy. Out of 14 analysts, 7 rate the stock at a strong buy, 1 at a moderate buy and 6 at a hold.

Spirit is rated a strong buy by 13 of 20 analysts following the company. "While SPR has had a good run it still trades at a sizeable discount and we see upside on an in line guide with positive free cash flow ," writes UBS in a recent report.

FLIR is rated a hold stock .

-- Written by Chao Deng in New York.

>To contact the writer of this article, click here: Chao Deng.

>To follow the writer on Twitter, go to: @chao_deng

>To submit a news tip, send an email to: tips@thestreet.com.

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