Strong start to the year for our #1 pick

Article Excerpt

CAE INC. $14 (Toronto symbol CAE; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 264.0 million; Market cap: $3.7 billion; Price-to-sales ratio: 1.7; Dividend yield: 1.7%; TSINetwork Rating: Average; www.cae.com) has received orders for seven flight simulators and related equipment. In all, these deals are worth $120 million, or 6% of CAE’s $2.1 billion of annual revenue. The company has sold 11 flight simulators since its 2015 fiscal year began on April 1, 2014. In fiscal 2014, the company sold a record 48 simulators. CAE is our #1 buy for 2014. 2014…