Lockheed Martin is cheap against its earnings, trading at 22x trailing and 18x next year's, versus the 24x aerospace and defense suppliers usually get. At 24x next year's $32.72 EPS, give or take 12%, fair value runs $690.97 to $879.42, so the stock sits 15% below where fair value starts. This is a valuation read on reported earnings and estimates only, not fundamental work. x.com 

Embraer is a wonderful aerospace company, but its stock is expensive, with fair value no more than $50, so only a small position is warranted until it gets cheap enough. x.com 

Boeing's FAA approval could trigger a breakout from its long diamond consolidation, as the stock jumped on heavy volume. A monthly close above $260 in August would be a big deal, since it has not done that since 2019, nearly seven years ago. Clearing that level could start a much larger long-term move. x.com 

Boeing, alongside GE, is preferred over the Honeywell Aerospace spin-off because it has more credibility in aerospace. Honeywell Aerospace reiterated guidance two months ago, then missed and cut its organic growth outlook by half, and its management needs time to mature. x.com 

Boeing has political tailwinds the stock isn't reflecting. Trump loves the company, China just ordered 200 more planes, and talks are underway on building more defense products, yet the shares are barely moving. x.com 

Boeing is set to run higher as production increases. FAA approval appears imminent, and its production facility is reportedly ready to ramp in July. The first target is $230, then $260, with a measured move to $275. x.com