RE:TD preview: Bombardier our top pickThere's (relatively speaking) lots to like about Bombardier right now:
- buying back shares at a discount arguably
- impeccable track record under CEO Martel and CFO Demosky
- growing while slowly chipping away at the debt
There was an interview with CEO of SAAB recently and he said I paraphrase Defence business outlook was robust.
My sense too is US analysts are more positive. Theres probably a realization that Bombardier is quite competent...and why @$!# on your own doorstep? They did that before and Airbus ended up with C Series instead of Boeing.
The two main catalysts for the share price however are the debt and a US listing.
The debt impacts everything - EV Sales Ratio (IMO), Market Cap (EV less debt), investment for growth, shareholder returns.
A US listing means a lot more retail investors who if we can be honest are agnostic towards BBD unlike some others...