This is obviously not financial advice. I just like the stock and I want to talk about it.
Embraer recently hit it's highest price in the last 10 years and it comes after a disastrous failed merger with Boeing in 2020. They spent years prepping the company for the merger and were left with their dicks hanging out when Boeing backed out last minute (Broke ass Boeing didn't have the money to go thru with the acquisition). It was the best thing that could've ever happened to them.
With a new CEO and a new direction, Embraer is setting itself up to challenge both Boeing and Airbus in the near future. They're already the third largest commercial air aircraft manufacturer in the world and their market share only increases with the higher demand from Airlines for fuel efficient aircrafts and their growing Military and private jet segments.
Embraer aircrafts will soon be 100% of American Airline's regional fleet and many other orders to come. Also, passengers absolutely love the experience of flying on an Embraer.
Another interesting thing about Embraer is their track record on innovation. I'd recommend you guys researching and reading up on their EVE project. They're basically leading the field in the urban air mobility segment (basically taxi/uber but with planes) and it seems very promising. They are developing a small electric aircraft intended to be used for short urban travel (up to 100 KM /60 miles).
That being said, I have to confess one the biggest reasons I like ERJ is because it would be a tremendous FUCK YOU to Boeing if they stole their share of the market. ERJ to the fucking moon.
I'm absolutely new to the stock game and should not be trusted. But I do invite you guys to learn more about this company.
If one of you regards want to take a look at their Q3 returns, here is the link: https://embraer.com/global/en/news?slug=1207478-earnings-results-3rd-quarter-2024
I also would recomend reading this interview from their CEO. He shares his vision for the future of the company and how they want to get there:https://fortune.com/2024/10/21/ceo-embraer-aerospace-company-rewrote-strategy-boeing-joint-venture-loss-francisco-gomes-neto/