John Stephenson B/E Aerospace BEAV-Q TOP PICK Mar 03, 2014

Parts and products sold to airspace. They get a big benefit from the long order book. 19% growth expected next year. He likes the whole replacement cycle theme.

They do cabin interiors for commercial and business jets. Also, do retrofits of existing jets. Have an enormous backlog and are big into wide bodied jets. The wide bodied category is expected to grow over 10% per year in the next 3 years and this company is front and center.

(Top Pick Oct 10/13, Up 5.74%) He got stopped out and moved from industrial stocks to consumer. These guys will benefit from the continuous upgrade cycle that the airlines are going through. It is very dependent on a stronger global economy.

(A Top Pick Feb 13/14. Up 2.61%.) They make the cabin interiors for planes. 6 to 10 times more profitable on the wide bodied jets. They have a lock on this market. Overall he feels this looks very attractive, as an industrial way to play the aerospace cycle.

(Top Pick Mar 3/14, Up 3.53%) It has not done that well. For all the transatlantic flights they tend to be wider body so this is the sweet spot for the company. This should tick up with the aerospace industry.

(A Top Pick March 3/14. Down 2.55%.) Sold his holdings, but got back in. They make cabin interiors for aircraft. Aerospace cycle has been picking up. Did a spin-out of one of their fixture divisions. A really good manufacturing company. Growth has been a little questionable in the last little while.