Industrial Stocks

Is Bombardier (TSX:BBD.B) a turnaround stock to buy before Sept ends?

Is Bombardier a stock to buy before September ends?

Highlights  Bombardier Inc. partnered with a US-based company to offer customers a full spectrum of refurbishment and repair services. The stocks were up by seven per cent and closed at a value of C$ 2.04 on Thursday, September 23. The Bo...

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Can Air Canada (TSX:AC) Stock Recover In 2021?

Can Air Canada (TSX:AC) Stock Recover In 2021?

  • May 17, 2021 10:42 AM EDT
  • Anuj

Air Canada (TSX:AC) stock has entered the optimistic curve against the short-term simple moving average. The stock’s technical indicators have been pretty much rebounding to the early first-quarter level. Earlier this month, Air Canada posted ...

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CP Rail (TSX:CP) Stock Splits 1:5. Will It Hit C$100?

CP Rail (TSX:CP) Stock Splits 1:5. Will It Hit C$100?

  • May 14, 2021 12:41 PM EDT
  • Anuj

Split stocks of Canadian Pacific Railway Ltd (TSX:CP) started trading on Friday, May 14, after opening at a value of C$ 98.38 apiece against its previous close of C$ 487.27. CP Rail stock has surpassed its peers in terms of price performance in the ...

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Air Canada (TSX:AC) Stock: Should You Buy It Before Q2 Ends?

Air Canada (TSX:AC) Stock: Should You Buy It Before Q2 Ends?

  • May 14, 2021 12:16 PM EDT
  • Anuj

The COVID-19 pandemic, in all its mutant forms, continues to batter aviation companies around the world, including Air Canada (TSX:AC). The top Canadian airline generates its maximum revenue from overseas passengers, and with the COVID-triggered bans...

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Hertz (HTZGQ) Stocks Are Up 55% & It’s Not Due To A Meme-Based Rally

Hertz (HTZGQ) Stocks Are Up 55% & It’s Not Due To A Meme-Based Rally

  • May 13, 2021 10:29 AM EDT
  • Anuj

Stocks of rental vehicle company Hertz Global Inc (HTZGQ:US, OTCPK:HTZGQ)  spiked as much as 55 per cent on Wednesday, May 12. On Thursday morning (10.11AM EST), the stock was up nearly nine per cent. While Hertz has in the past rallied due to ...

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Air Canada (TSX:AC) Posts C$1.3Bn Loss; Aviation Stock Still A Buy?

Air Canada (TSX:AC) Posts C$1.3Bn Loss; Aviation Stock Still A Buy?

  • May 07, 2021 12:19 PM EDT
  • Anuj

National carrier Air Canada (TSX:AC) reported lower than expected losses for the first quarter of 2020. Its operational capacity dropped 82 per cent in the first quarter, amounting to a C$ 1.304 billion loss or C$ 4 per common share. The airline bur...

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CNR Stocks Rise After Melinda Gates Becomes 6th Biggest Shareholder

CNR Stocks Rise After Melinda Gates Becomes 6th Biggest Shareholder

Summary Melinda now owns a two per cent stake in the company which amounts to C$ 1.8 billion, based on the closing price of C$ 134.95. Bill Gates will continue to hold a 12.3 per cent stake in CNR. The company revealed in its first-quarter ear...

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Bombardier (TSX:BBD) Divests Stake in Alstom: Are Stocks Value Buy?

Bombardier (TSX:BBD) Divests Stake in Alstom: Are Stocks Value Buy?

Summary The stake sale can bring over US$630 million in revenues Bombardier has previously sold its rail manufacturing vertical to Alstom The company says it is anticipating higher revenues for the first quarter of 2021 Montreal-h...

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Is Ballard Power (TSX:BLDP) Stock Dip Worth A Buy?

Is Ballard Power (TSX:BLDP) Stock Dip Worth A Buy?

  • May 05, 2021 08:44 AM EDT
  • Anuj

Stocks of Ballard Power Systems Inc. (TSX:BLDP) plunged as much as 19.5 per cent on Tuesday after the company reported a massive drop in its quarterly earnings. It posted a loss of 6 cents per share as revenue dropped 26 per cent year-over-year (YoY...

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Bombardier (TSX:BBD.B) Expects Q1 Revenue To Rise 18%: Should You Buy?

Bombardier (TSX:BBD.B) Expects Q1 Revenue To Rise 18%: Should You Buy?

Canadian firm Bombardier Inc (TSX:BBD.B) has said that it expects robust revenues and earnings for the first quarter of fiscal 2021. The Montreal-based business aircraft maker announced on Monday, May 3, its interim results that project revenues to s...

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Cargojet (TSX:CJT) Reports Improved Q1 Revenues. Should You Buy?

Cargojet (TSX:CJT) Reports Improved Q1 Revenues. Should You Buy?

Summary Canadian airline Cargojet Inc (TSX:CJT) posted total revenues of C$ 160.3 million in its latest quarter. The top freight carrier announced its financial results for the first quarter ending March 31, 2021, on Monday, May 3. Cargojet Pr...

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