Bombardier Inc (B) (BBD.B.TO)

Won’t own it for a while. Chinese regional jet market is divided into two companies, one of which is served by a competitor and the other by BBD. Problem with the ‘C’ series orders and specifically Porter. Island airport can’t take the ‘C’ series at this time.

(He owns the preferreds.) This is a stock that you always think should be a long-term growth situation. They make their basic money out of the transportation industry where there are minimal margins. They are great at this. The real kicker has been their airline division, which doesn’t seem to be able to get off the ground. Very tough market.

(A Top Pick April 17/12. Down 3.76%.) They key is the C series. Will it ramp up and when? Supposed to be flying in June and has already had one delay. He has this one as a Hold.

When developing a new plane, there is a lot of CapX involved which limits the amount of dividend increases that can be made.

On her watch list because it is a relatively cheap stock. The catalyst for this is their 1^st flight for the C series, which is supposed to happen sometime in June or July.

Hasn’t liked this one for a long time. Outlook on the aviation side is too lumpy for him. He sees a fairly flat outlook for this one.

Thinks they are looking to increase their footprint globally. So much is riding on their ‘C’ series jet and that they would get so much of the global market share and he is now not sure they will get the market share they intended. Their competitors are coming out with competing jets as well as refurbished existing models. It’s hard to make a call at these prices. Prefers CAE-T

Preferred C’s. These are below investment grade right now. If he owned, he would probably Sell. You are probably better off to look at something longer-term.

(Market Call Minute.) Has no interest in this one. Finds its balance sheet way too risky. Sometimes one part is working and the other part isn’t.

They are through the risky parts of C series jet they are launching. He is staying away because of their debt levels. Probably still a good Hold until the 1^st flight, if you own it.

Missed their earnings by a couple of cents. This company will do well in a really good economy. Wouldn’t be interested in this stock because it is low return and it’s super competitive. Chart would indicate that the stock is not going anywhere.

Just made a deal to sell some C series jets to the Russians. From a seasonal perspective, this company has a history of moving higher prior to the big plane shows each spring. Historically it does quite well through until June normally.

(Market Call Minute.) Bullish on this company right now. We are seeing a renaissance of the business jets and small jets. Have a huge backlog on the rail service.

Thinks the chart is showing a long base from late 2011. Chart showed a Golden Cross in early February. 52-week high is $4.92. Expects a little more resistance at $4.11 but he thinks it goes higher. Likes aerospace.

C series is very important. Launch date should be in the summer sometime and this is critical. Feels this is been an overhang on the stock. Cash flow has been coming in lower than analysts had expected. Margin improvement has been slow to come on the transportation side. She is watching this to see how the C series goes.