Gordon Reid Esterline Technologies ESL-N TOP PICK Sep 14, 2010

In the aerospace business. Sensors, etc. There is not a Boeing airplane around that does not have their products in the cockpit. Steady grower. Has done well over the years. Thinks the opportunity for the company is an improvement in Europe. May be discounted a little because people are afraid of the defence industry, but looking at the defence industry, you are not seeing cuts in the new technology, aircraft.

(A Past Pick Nov 13/13. Up 44.33%.) A producer of sensors and avionics. There is not a Boeing aircraft in flight that does not have a lot of dollars that come off this company. Currently trading at about 18X earnings.

This sells into the aerospace and defence sectors. They put a lot of dollars into each 350 that is built, in avionics and censors.

(A Top Pick March 30/15. Down 43.15%.) This is an example of a small-cap, $1.8 billion in market capitalization. They had a couple of issues. This is a provider of sensors, avionics and control systems to aircraft manufacturers, and that space got a little soft. On top of that they lost a bit of expense control and the earnings went flat. He likes it here on a rebound, which has already started.