bombardier
Toronto symbols BBD.A and BBD.B, is the world’s third-largest maker of passenger aircraft, after Boeing and Airbus. It also makes passenger railcars.
Bombardier shares have gained over 450% since the company sold its passenger railcar operations in January 2021. Following the sale, it has focused on its business jets operations. Demand for these products remains strong, but higher costs for materials and labour could squeeze profit margins....
CAE’s shares are down 11% since the start of 2024, while Bombardier has jumped 67%. Even so, we still feel CAE is a better choice for long-term gains due to its exposure to a wider range of clientele and types of aircraft.
CAE INC. $26 is still a buy. The company (Toronto symbol CAE; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 318.1 million; Market cap: $8.3 billion; Price-to-sales ratio: 1.9; Dividend suspended in March 2020; TSINetwork Rating: Average; www.cae.com) is a leading maker of flight simulators for commercial and military aircraft....
CAE INC. $26 is still a buy. The company (Toronto symbol CAE; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 318.1 million; Market cap: $8.3 billion; Price-to-sales ratio: 1.9; Dividend suspended in March 2020; TSINetwork Rating: Average; www.cae.com) is a leading maker of flight simulators for commercial and military aircraft....
CANADIAN PACIFIC KANSAS CITY LTD., $111.63, Toronto symbol CP, is your #1 Conservative Buy for 2024.
The company took its current form in April 2023 when it acquired U.S.-based railway Kansas City Southern.
CP paid $31 billion U.S. in cash and shares for KCS....
The company took its current form in April 2023 when it acquired U.S.-based railway Kansas City Southern.
CP paid $31 billion U.S. in cash and shares for KCS....
ROYAL BANK OF CANADA, $134.63, Toronto symbol RY, is still a buy.
The bank has received final regulatory approval to buy the Canadian operations of U.K.-based HSBC Holdings plc (New York symbol HSBC).
HSBC operates 130 branches that mainly cater to businesses in industries that trade and bank internationally....
The bank has received final regulatory approval to buy the Canadian operations of U.K.-based HSBC Holdings plc (New York symbol HSBC).
HSBC operates 130 branches that mainly cater to businesses in industries that trade and bank internationally....
BOMBARDIER INC. is a hold. The company (Toronto symbols BBD.A $50 and BBD.B $50; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 95.3 million; Market cap: $4.7 billion; Price-to-sales ratio: 0.5; Dividend suspended in February 2015; TSINetwork Rating: Speculative; www.bombardier.com) now focuses solely on making private luxury and business jet planes following the January 2021 sale of its passenger railcar business to France’s Alstom SA....
Bombardier’s stock has soared over 200% in the past year as it continues to realizes the benefits of its plan to focus solely on business jets. While the outlook for that business remains bright, sales of those planes could suffer if the global economy slows....
CANADIAN PACIFIC KANSAS CITY LTD., $104.03, Toronto symbol CP, is your #1 Conservative Buy for 2023.
The company took its current form on April 14, 2023, when Canadian Pacific Railway Ltd. completed its acquisition of U.S.-based railway Kansas City Southern.
CP paid $31 billion U.S....
The company took its current form on April 14, 2023, when Canadian Pacific Railway Ltd. completed its acquisition of U.S.-based railway Kansas City Southern.
CP paid $31 billion U.S....
The outlook for CAE—a leading provider of flight simulators and pilot-training—is bright.
The company now has roughly 70% of the global flight simulator market and is well-positioned to remain the top global choice for commercial pilot training. At the same time, the airline industry continues to see robust demand with the lifting of pandemic restrictions.
Aside from the bright prospects for its core business, CAE should see demand for its military training operations rise steadily—if not accelerate as the war in Ukraine continues....
The company now has roughly 70% of the global flight simulator market and is well-positioned to remain the top global choice for commercial pilot training. At the same time, the airline industry continues to see robust demand with the lifting of pandemic restrictions.
Aside from the bright prospects for its core business, CAE should see demand for its military training operations rise steadily—if not accelerate as the war in Ukraine continues....
BOMBARDIER INC. is a hold. The company (Toronto symbols BBD.A $56 and BBD.B $55; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 95.3 million; Market cap: $5.2 billion; Price-to-sales ratio: 0.7; Dividend suspended in February 2015; TSINetwork Rating: Speculative; www.bombardier.com) delivered 22 business jets in the quarter ended March 31, 2023, up from 21 a year earlier....
SUNCOR ENERGY INC., $41.96, Toronto symbol SU, is a buy.
The company is Canada’s largest integrated oil firm, with major projects in the Alberta oil sands. It also operates four refineries (three in Canada and one in Colorado), along with 1,590 Petro-Canada gas stations.
Suncor is part of a joint venture that is building a facility near Montreal, called Varennes Carbon Recycling, that will convert wood and other waste materials into biofuels and other chemicals....
The company is Canada’s largest integrated oil firm, with major projects in the Alberta oil sands. It also operates four refineries (three in Canada and one in Colorado), along with 1,590 Petro-Canada gas stations.
Suncor is part of a joint venture that is building a facility near Montreal, called Varennes Carbon Recycling, that will convert wood and other waste materials into biofuels and other chemicals....