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WillDiazon Mar 07, 2016 12:00pm
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Post# 24630179
Bombardier, Inc.: If Ottawa Does This, Bombardier Stock Coul
Bombardier, Inc.: If Ottawa Does This, Bombardier Stock Coul This Could Lift Bombardier Stock
Since the recent lifting of economic sanctions against Iran, airplane manufacturers are stampeding over each other to get into this market. Iran has not bought a single airliner (from the West) in more than 30 years ago. Bombardier, Inc. (TSE:BBD.B) has been slow to the punch, hurting sale opportunities and adding downforce on Bombardier stock. Yet, Bombardier has an ideal product for the Iranian and Middle Eastern market.
The previous Canadian government seemed to go out of its way to hurt many of Canada’s top companies. In Bombardier’s case, when everyone else was re-opening embassies, setting up trade deals, and sending high-ranking delegations to Tehran, Canada kept the door to Tehran shut. This merely delayed the inevitable. Canada would eventually join the rest of the world in resuming diplomatic ties to Iran.
Read More At https://www.profitconfidential.com/stock/bombardier-inc-if-ottawa-does-this-bombardier-stock-could-soar/