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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

Post by Bullvsbear99on Aug 26, 2024 5:54pm
344 Views
Post# 36196776

Predicting Bombardier stock price

Predicting Bombardier stock price Predicting where the stock price will be for bombardier on the future is fruitless exercise.  There are  too many variations and unknown.  No one, not even analysts who are following bombardier got any price correct or duration.

Stock market will be influenced by external forces that makes predictions useless.

Bombardier orders will go up and down based on demand.  Key is to pay debt off and reduce it as much and as often as possible in all market conditions.

Bombardier debt while considerably down, and well managed is still high.  When debt is paid down, that means bombardier is making money.  And that's what counts.  Making money.

My point is, don't get hung up in predicting stock price.  Monitor bombardiers net profit and debt reduction, but then again if market/economy goes south, then stock will go south regardless of how well bombardier is doing.  That's how stock market works.

Having said that, the upcoming interest rate cut will have positive impact on market which should boost bombardier stock, all stock will benefit.


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