Airbus

EADSY-OTC

This is a recent acquisition. The backlog of orders for Boeing and Airbus is tremendous. He thinks China will favor Airbus over Boeing in future orders. He thinks the Bombardier acquisition gives them an advantage over Boeing across the fleet. They are also setting up a new maintenance service, which might take over work currently done by the airlines. This is a good extension for a capital goods seller. Yield 1.4%. (Analysts’ price target is €120.57)