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 down 0.3%. By the end of trading, Embraer S.A rose $0.78 (2.4%) to $33.56 on average volume. Throughout the day, 872,273 shares of Embraer S.A exchanged hands as compared to its average daily volume of 1,049,700 shares. The stock ranged in a price between $32.61-$33.68 after having opened the day at $32.95 as compared to the previous trading day's close of $32.78. Other companies within the Aerospace/Defense industry that increased today were: Frontline ( FRO), up 5.3%, Astronics Corporation ( ATRO), up 2.2%, Heico Corporation ( HEI), up 2.0% and Heico Corporation ( HEI.A), up 1.9%.

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 $6.1 billion and is part of the industrial goods sector. Shares are up 15.0% year to date as of the close of trading on Wednesday. Currently there are 5 analysts that rate Embraer S.A a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Embraer S.A as a hold. Among the primary strengths of the company is its solid stock price performance. At the same time, however, we find that the growth in the company's net income has been quite unimpressive.

On the negative front, LMI Aerospace ( LMIA), down 24.0%, Erickson Air-Crane ( EAC), down 7.0%, CPI Aerostructures ( CVU), down 4.3% and TransDigm Group ( TDG), down 1.6%.

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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