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Bombardier Inc. T.BBD.A

Alternate Symbol(s):  BDRPF | T.BBD.PR.B | BDRXF | T.BBD.PR.C | T.BBD.PR.D | BOMBF | BDRAF | T.BBD.B | BDRBF

Bombardier Inc. is a Canada-based manufacturer of business aircraft with a global network of service centers. The Company is focused on designing, manufacturing and servicing business jets. The Company has a worldwide fleet of more than 5,000 aircraft in service with a variety of multinational corporations, charter and fractional ownership providers, governments and private individuals. It operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. Its robust customer support network services the Learjet, Challenger and Global families of aircraft, and includes facilities in strategic locations in the United States and Canada, as well as in the United Kingdom, Germany, France, Switzerland, Austria, the United Arab Emirates, Singapore, China and Australia. The Company's jets include Challenger 350, Challenger 3500, Challenger 650, Global 5500, Global 6500, Global 7500 and Global 8000.


TSX:BBD.A - Post by User

Bullboard Posts
Comment by divestoron Dec 12, 2017 3:18pm
137 Views
Post# 27140894

RE:RE:RE:Bombardier top pick by J.P. Morgan in 2018

RE:RE:RE:Bombardier top pick by J.P. Morgan in 2018From TD Alerts:

BUZZ-JPMorgan bullish on U.S. aero and defense stocks for 2018
2017-12-12 06:19:59 AM ET (Reuters)
   
   

** JPMorgan sees positive returns for aerospace and defense companies in 2018 on solid fundamentals and valuations that are still reasonable vs. elevated multiples across the market

** JPM expects U.S. defense budgets to grow mid-single digits in 2018

** JPM raises Northrop Grumman Corp to "overweight;" cuts Raytheon Co to "neutral," General Dynamics Corp and TransDigm Group Inc to "underweight"

** Says demand risk revolves around macro developments like emerging market growth, access to capital for operators and lessors, the dollar, and fuel prices

** JPM names Boeing Co and Bombardier as its top aero picks and highlights Northrop and L3 Technologies Inc in defense

** Sees more moderate returns for the sector next year, with 12-month upside of 15-20 pct for most "overweight"-rated mid/large cap stocks and nearly 10 pct for "neutrals" and "underweights"

** Sees Asia as the linchpin of global growth - 1/3 of traffic and near doubl e-digit growth (Reporting by Geetha Panchaksharam)


Bullboard Posts