Post by
Bullvsbear99 on Aug 26, 2024 5:54pm
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.
Comment by
Tempo1 on Aug 26, 2024 11:20pm
Sorry, '' means nothing '' is too rough. It would have been better with: Predictions over 2026 are soo uncertain and random that they have reduced value.
Comment by
Tempo1 on Aug 27, 2024 9:07am
well said. It's easier for the next two years but more uncertain for the time after. But the niche and the strategy are at the right place for an extended success.
Comment by
johnney on Aug 27, 2024 10:37am
As you say, and agree too, as Investors we should watch out for a slap in the face, or a hit in the s/p! Glta!