TSE:BBD.B

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

320.37
-0.20 (0.06%)
as of Sep 29, 2026, 8:00:01 pm Market Open.
385 watching
0
TOP PICK
Continuing to build a huge backlog of planes and particularly trains. Management projections for higher margin increase in profit margins in 09 are actually happening this year. $54 billion in backlog is up 31% year-over-year. Will spin out almost $1 billion in cash and will reduce their levered balance sheet.
COMMENT
They have clearly turned around the business that they have today. Getting wider margins on the aerospace business. Strong transport business that generates strong free cash flow. The problem is trying to figure out what the family wants to do. Will it be a growth company or a cash cow? The C series that they are talking about doing is a big number at $3 billion and what is Boeing's and Airbus’s response.
DON'T BUY
Have lost market share to its competitor Enbrier and will have to go with the C series, which will be a big capX. Still looking for a lead buyer in order to launch the project. Current economic environment could make it a little tougher.
COMMENT
Lots of contracts are transits, trains, etc., which are low margins. Lower demand for regional jets because of higher fuel prices.
SELL
He wouldn't be jumping all over this one at this point. Had a nice pop off of the depressed bottom they had and it's well ahead of the earnings. Feels mass transit is slowing down a little bit and the margins are relatively low. Backlog is not growing as fast as it was. Fully valued. If he owned, he would be lightening.
DON'T BUY
(Market Call Minute.) Not a big believer in the rail business. Won't be all that profitable in Asia.
BUY
(Market Call Minute.) Likes this one a lot. Recently announced that they are going for the development of their C series plane, which is about a 130-seat plane.
COMMENT
Are doing very well in some of their train divisions. Their regional jet business is turning around. He has not found this one particularly attractive.
COMMENT
This is a tough one. It is high risk. You will probably do all right. Still on its road to recovery. The business could continue building on the successes that it has had.
SELL
(Market Call Minute.) Aerospace side is economically sensitive and thinks it recovers eventually, but wouldn't want to be there now.
PAST TOP PICK
(A Top Pick Feb 1/07. Up 27.9%.) Still likes. A great long-term play. Use a stop of $5.
COMMENT
Getting some decent orders lately, particularly on the rail side. Make their profits on planes but do a lot of their business on the trains. There's solid value here but it could be pretty boring. Have competition from Brazil and some day someone could be building airplanes in China.
BUY
Getting lots of orders, especially for ground transportation. Business jet business is doing very well. Regional jets are not doing as badly and they've written a lot of that off. Rail is going to be a major growth area over the next several years.
BUY
(Market Call Minute.) More on the Buy side than on the Sell side.
WEAK BUY
(Market Call Minute.) Good space, but prefers Embraer (ERJ-N), which is a better company.
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