CAE INC. $11 (Toronto symbol CAE; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 259.2 million; Market cap: $2.9 billion; Price-to-sales ratio: 1.4; Dividend yield: 1.8%; TSINetwork Rating: Average; www.cae.com) recently sold seven flight simulators and related equipment. In all, these deals are worth $95 million, or 5% of CAE’s annual revenue of $1.9 billion. The company has now sold 30 simulators in its 2013 fiscal year, which began on April 1, 2012. It sold 37 simulators in all of fiscal 2012.
CAE is a buy.