Embraer-Empresa Brasileira De Aeronáutica- ERJ

[loslobos71]

Have any of you looked at this company?

Brazillian jet maker- small planes for commercial and defense use
Benefits from both the defense boom (ie GD) and aeroplane boom (BA)
15x earnings with a 3% dividend yield...11% sales growth over past year and 88% increase in net income. Its not even up "a lot" over the past year.

http://finance.yahoo.com/q/bc?t=1y&s=ERJ&l=on&z=m&q=l&c=BA

Barrons just put out an article tonight about its great prospects, but I dont have a subscription :( ...If you do, can you PM me? thanks

Any input is welcomed and thanked!

[MoMoney4Me]

Check out the video newsclip :
http://us.rd.yahoo.com/finance/external/forbes/SIG=10uoa9ous/*http://www.forbes.com/video/?video_url=http://www.forbes.com/video/fvn/guru/jd_sow051006&id=jd_sow051006&title=Video%3A++A+Flyer+In+Brazilian+Jets&partner=yahootix

[loslobos71]

thanks, that was a good video. Yesterday was weird with this stock, Barrons wrote an article reccomending it, Forbes wrote an article as their pick of the week or something, and Motley Fool wrote something else about it. And it was still down today, lol. Personally, I think its a bargain and will be starting a position once I sell ELOS around $25-26. Maybe Ill add more to my ANF position, as well.