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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (129154)	8/18/2022 3:45:16 PM
From: Goose94	Read Replies (1) of 202715

CAE (CAE-T) top pick from Michael Sprung on BNN.ca Market Call thirsty Thursday August 18th @ 1200ET CAE is a world leader in the design and production of flight simulation systems used in commercial and military applications. The company also provides training services to civilian and military customers globally. Civil aviation will benefit as air traffic recovers from depressed pandemic levels. Training services outsourced by airlines will also accelerate growth going forward. CAE has just announced a fifteen-year partnership to train pilots for Qantas Airways. In the most recent quarter, CAE announced some setbacks with cost overruns in two large defence contracts resulting in a significant pullback in the stock price. We believe that the company will recover from this event. Military services are likely to increase as well due to the current growing geopolitical tensions. Margins and free cash flow are expected to increase over the next few years.

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