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TSE:CAE
This summary was created by AI, based on 4 opinions in the last 12 months.
CAE Inc. operates in a dynamic aerospace sector where demand is experiencing significant growth, attributed to increasing defense spending and an ongoing pilot shortage that necessitates training and simulation services. Despite current volatility caused by rising oil prices affecting airlines, analysts suggest that CAE is well-positioned for long-term growth, especially in light of its role in training pilots through advanced simulators. The stock has broken past resistance levels, indicating that there may be potential for further appreciation in value. While the company does not pay dividends, the analysts express confidence in its future performance, with a consensus price target suggesting further upside potential.
They provide flight training simulators in civil and defence industries. Strongly correlated to Boeing and Airbus. CAE trains people to fly new planes. Moving into healthcare by partnering with Microsoft in augmented reality, a business with potential. (1.5% dividend, Analysts' price target: $27.86)
It is a great company and he is sorry he sold it. He would wait for a pullback as he thinks it may be overbought. He would not get greedy and only look for a $1-$2 retracement. To set a target for selling, he watches for it to round over, but ride it as long as possible. (Analysts’ price target is $27.70)