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Bullboard - Stock Discussion Forum 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... see more

TSX:BBD.A - Post Discussion

Bombardier Inc. > Developments
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Post by Truthifest on Oct 26, 2022 11:06am

Developments

Couple of things, both of which are good for Bombardier:

Micro: This morning, GD reported continued strong demand for Gulfstream planes, with a book to bill still over 1 and a record backlog, IIRC.  Supply is still challenging, but being managed ok. No updates for 2023, so we'll see if GD thinks it can still supply it's previously disclosed substantial planned increase in deliveries next year.  

Macro: Could be a decoupling of the mega cap tech names from the rest of the growth/risky stocks. The Russell 2000 is up 1.5%, for example.  Perhaps the rest of the stk mkt names have already seen their declines, with the mega cap techs now just catching up.

Comment by Truthifest on Oct 26, 2022 11:22am
Would be nice if the US Fed followed suit:   Following the Bank of Canada's (BoC) decision to hike the policy rate by 50 basis points, Governor Tiff Macklem said they are getting closer to the end of the tightening phase but added that they are not there yet. Additional takeaways "We are still far from the goal of ensuring inflation is low, stable and predictable."  ...more  
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