boeing
New York symbol BA, is the world’s second-largest maker of commercial aircraft, behind Europe’s Airbus.
A: Airborne Wireless Network, $1.54, symbol ABWN on the U.S. over-the-counter bulletin board (Shares outstanding: 94.4 million; Market cap: $153.6 million; www.airbornewirelessnetwork.com), hopes to create a high-speed airborne wireless network to link commercial aircraft in flight....
These four manufacturers operate in cyclical industries. That means their profits, and stock prices, tend to move up and down with the overall economy.
They also face other challenges. Those include uncertainty over the North American Free Trade Agreement (NAFTA) and the Trump administration’s plan to impose tariffs on imports of steel and aluminum.
However, each of the four companies is a well-established market leader, which helps cut its risks....
They also face other challenges. Those include uncertainty over the North American Free Trade Agreement (NAFTA) and the Trump administration’s plan to impose tariffs on imports of steel and aluminum.
However, each of the four companies is a well-established market leader, which helps cut its risks....
The six ETFs we update below mainly hold high-quality stocks that are widely traded on Canadian and U.S. ex- changes. Each fund tracks the performance of a major stock market index. That’s different from ETFs focused on narrower indexes or themes such as solar power and bio- technology.
Of course, you pay brokerage commissions to buy and sell these investments....
Of course, you pay brokerage commissions to buy and sell these investments....
UNITED TECHNOLOGIES CORP. $129 (New York symbol UTX; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 799.8 million; Market cap: $103.2 billion; Price-to-sales ratio: 1.7; Dividend yield: 2.2%; TSINetwork Rating: Above Average; www.utc.com) has four divisions: UTC Climate, Controls & Security makes heating and air-conditioning equipment under the Carrier brand, as well as burglar alarms and firesafety products (29% of 2017 revenue, 34% of earnings); Pratt & Whitney manufactures aircraft engines (27%, 18%); UTC Aerospace Systems makes aircraft controls (24%, 26%); and Otis makes elevators and escalators (20%, 22%)....
Boeing and Ford are highly cyclical manufacturing companies. That means their shares and earnings tend to rise and fall with overall business and economic cycles.
For new buying we prefer Ford, which trades at a much lower p/e than Boeing. When the economy slows, Boeing’s high multiple could spur a sharp drop in its share price....
For new buying we prefer Ford, which trades at a much lower p/e than Boeing. When the economy slows, Boeing’s high multiple could spur a sharp drop in its share price....
WESTJET AIRLINES LTD. $25 (Toronto symbol WJA, Cyclical- Growth Dividend Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 117.2 million; Market cap: $2.9 billion; Dividend yield: 2.2%; Dividend Sustainability Rating: Above Average; www.westjet.com) serves 104 destinations in North America, Central America, the Caribbean and Europe....
UNITED TECHNOLOGIES CORP. $134 (New York symbol UTX; Manufacturing & Industry sector; Shares o/s: 798.6 million; Market cap: $107.0 billion; Takeover Target Rating: Lowest; Dividend yield: 2.1%; TSINetwork Rating: Above Average; www.utc.com) has four main businesses: Climate, Controls & Security makes Carrier heating and air-conditioning equipment, and burglar alarms and firesafety products; Pratt & Whitney manufactures aircraft engines; Aerospace Systems makes engine-control systems and other aircraft parts; and Otis makes elevators and escalators.
The company will now buy Rockwell Collins Inc....
The company will now buy Rockwell Collins Inc....
The outlook for the global aerospace industry is bright, as an expanding middle class lifts demand for air travel. We feel the best way to profit from that trend is with companies that provide vital support services to airlines, such as CAE, instead of aircraft makers like Bombardier.
CAE INC....
CAE INC....
HONEYWELL INTERNATIONAL INC. $146 (New York symbol HON; Manufacturing Sector; Shares outstanding: 761.8 million; Market cap: $111.2 billion; Takeover Target Rating: Medium; Dividend yield: 1.6%; TSINetwork Rating: Average; www.honeywell.com) is a diversified technology firm operating in four main segments: Aerospace (38% of sales); Home and Building (27%); Performance Materials (24%); and Safety and Productivity (11%).
The company is the target of several activist investors, including Dan Loeb’s Third Point LLC hedge fund....
The company is the target of several activist investors, including Dan Loeb’s Third Point LLC hedge fund....
ADIENT PLC $74 (New York symbol ADNT; Manufacturing sector; Shares outstanding: 93.7 million; Market cap: $6.9 billion; Takeover Target Rating: Highest; Dividend yield: 1.5%; TSINetwork Rating: Average; www.adient. com) is the world’s largest maker of automotive seats for both passenger cars and commercial vehicles....