Robots will speed up CSeries production

Article Excerpt

BOMBARDIER INC. (Toronto symbols BBD.A $6.88 and BBD.B $6.89; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 1.8 billion; Market cap: $12.4 billion; Price-to-sales ratio: 0.7; Dividend yield: 1.4%; TSINetwork Rating: Average; www.bombardier.com) will use robots to assemble the cockpit and fuselage of its new CSeries jets. Right now, the company builds most of its planes by hand, so switching to robots will make the plane’s production faster and improve overall quality. Bombardier is a buy. The more liquid, higher-yielding subordinate voting “B” shares are the better choice. choice…