Bottom at 85$...maybe, new low, good entry point, up,up!!!Have touch the bottom at 85$?
Can Bombardier Stock Keep Cruising to Hit a Double in 2024? (yahoo.com)
''...the company expects to end 2025 with a free cash flow of US$900 million, which will allow it to lower balance sheet debt and maintain a leverage ratio of less than 2.5 times. In the last three years, Bombardier has effectively managed debt, enhanced its cost base, and penetrated deeper into its addressable service market.
Analysts tracking Bombardier expect adjusted earnings to improve from $5.39 per share in 2023 to $9 per share in 2025. So, priced at 10 times forward earnings, the TSX stock is really cheap and is positioned to outpace the broader markets going forward.''