Zacks' 7 Best Stocks for May, 2013
FREE Report for Zacks.com
Visitors Only

They're hand-picked from the list of Zacks Rank #1 Strong Buys. Our experts predict that their prices will jump the soonest.

Today, you can see them free.

Close This Panel X

Are you a new Zacks Member or a visitor to Zacks.com?

Recent Quotes

No Recent Quote currently available

My Portfolio

My Portfolio Tracker

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts. Set yours up today.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Stocks on the Move 05/17/2013

Company Name Symbol %Change
VIASAT INC VSAT
19.35%
OLD SECOND B OSBC
5.76%
GAMCO INVEST GBL
4.61%
CORNING INC GLW
4.47%
SYNCHRONOSS SNCR
4.23%

Embraer Upped to Neutral

by Zacks Equity Research

February 12, 2013 | Comments : 0 Recommended this article: (0)

This page is temporarily not available.  Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext.  9339.

On February 11, 2013, we upgraded our recommendation on aircraft manufacturing company, Embraer S.A. ( ERJ - Analyst Report ) from Underperform to Neutral based on its improved prospects. Embraer, which focuses on the commercial and defense jets market, holds a Zacks #3 Rank (Hold).

Why the Upgrade?

Embraer maintains a series of healthy contracts, along with tie-ups with many established market players. Also, the company invests plenty of time and resources for the invention of new technologies and launch of new products, which are efficient and more advanced.

The company intends to launch its second generation E-Jets in the year 2018. Around a week back, Embraer entered into an agreement with Honeywell International Plc., to procure advanced avionics systems of the latter for its new E-Jets. Embraer is keen on having superior suppliers for its new E-jets, so that an enhanced and efficient version of the product can be delivered. For this purpose, it also selected Pratt and Whitney Canada International Inc. last month, to deliver engines for the jets.

The company is expected to release its fourth quarter 2012 results on March 22, 2013. The Zacks Consensus Estimate stands at 84 cents, with an expected year-over-year growth of around 208.0%. With the current Zacks Rank and an Earnings ESP (Read: Zacks Earnings ESP: A Better Method) of 0.00%, the company is likely to perform in line with the market expectations.

Other Stocks to Consider

Besides Embraer, other stocks in the aviation sector that are currently performing well include European Aeronautic Defence and Space Company EADS N.V. ( EADSY ) which carries a Zacks Rank #1 (Strong Buy), along with Lockheed Martin Corporation ( LMT - Analyst Report ) and Huntington Ingalls Industries Inc. ( HII - Snapshot Report ) ; both carrying a Zacks Rank #2 (Buy).

Email Print Share Rate Pos Rate Neg

Read/Post Comments (0) | Recommended this article (0)

Please login to Zacks.com or register to post a comment.

Zacks Research is Reported On:

Zacks Investment Research

is an A+ Rated BBB

Accredited Business.