Embraer S.A. (ERJ): Today's Featured Aerospace/Defense Winner

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Embraer S.A ( ERJ) pushed the Aerospace/Defense industry higher today making it today's featured aerospace/defense winner. The industry as a whole closed the day up 0.6%. By the end of trading, Embraer S.A rose $0.41 (1.1%) to $39.22 on light volume. Throughout the day, 642,464 shares of Embraer S.A exchanged hands as compared to its average daily volume of 1,007,800 shares. The stock ranged in a price between $38.71-$39.34 after having opened the day at $38.85 as compared to the previous trading day's close of $38.81. Other companies within the Aerospace/Defense industry that increased today were: Erickson Air-Crane ( EAC), up 9.7%, Frontline ( FRO), up 6.6%, Sifco Industries ( SIF), up 3.1% and TAT Technologies ( TATT), up 2.8%.

Embraer S.A. primarily develops, produces, and sells jet and turboprop aircrafts for civil and defense aviation markets in Brazil, North America, Latin America, the Asia Pacific, Europe, and internationally. Embraer S.A has a market cap of $7.2 billion and is part of the industrial goods sector. Shares are up 36.2% year to date as of the close of trading on Friday. Currently there are 5 analysts that rate Embraer S.A a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Embraer S.A as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the aerospace/defense industry could consider iShares DJ US Aerospace & Def Idx ( ITA) while those bearish on the aerospace/defense industry could consider ProShares Short Dow 30 ( DOG).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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