Motley Fool Blog Network "Embraer Will Rally"
Embraer (NYSE: ERJ) is the world's top manufacturer of midsize aircraft. Production of regional jets has been strained lately by high fuel costs and slow global recovery, but eventual uptick could lead to a rally point for the company and its shares. ADR's of Embraer have increased 29% already this year. Embraer is the world's third largest commercial aircraft maker, trailing behind Boeing (NYSE: BA) and EADS' Airbus. But the fact that it is trailing simply means that it has more room to expand and grow. Embraer appears to be seizing the opportunities that lay ahead.