The Successful Investor Hotline – Friday, March 27, 2015

Article Excerpt

PLEASE NOTE: Due to the Good Friday holiday, our next Hotline will go out on Thursday, April 2, 2015. CAE INC., $14.86, Toronto symbol CAE, announced this week that it has sold five flight simulators to WestJet and other customers. In all, these orders are worth $70 million, or 3% of CAE’s $2.2 billion of annual revenue. The company has now sold 36 simulators in its 2015 fiscal year, which began April 1, 2014. It sold a record 48 simulators in fiscal 2014. The outlook for CAE’s simulators and pilot-training services is bright, particularly as airlines replace their aging planes with new models. CAE also gains from the plunge in oil prices, because it gives airlines a lot more cash to spend on its products and services. CAE is our #1 buy for 2015. CAE was recently covered in the March 2015 issue of The Successful Investor. Click here to access it. CAE was recently covered in The Successful Investor Hotline for February 6, 2015. Click…