TSX:BBD.A - Post Discussion
Post by
Jacques4444 on Jun 27, 2024 6:26pm
BBD rose 53% in 2it will continue to be a growth stock
This Under-the-Radar Canadian Stock Rose 53% in 2 Months (yahoo.com)
Bombardier stock will continue to be a growth stock until 2025. Beyond that, the company could see stagnation in aircraft deliveries. Hence, it is working on new revenue streams: the defence sector, aftermarket service expansion, and the pre-owned market. Once the growth stabilizes, the management will consider allocating a portion of its capital for dividends and stock buybacks. Until then, high capital appreciation is likely.
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