World leader in simulation and training for the civil aviation and defense markets. Those are super powered companies showing strong stock price jump potential along with solid dividend increases. While they are sometimes a little riskier than “good old Canadian banks”, they add some spice to my investment recipe. Keep in mind that my 3 top fast growing stocks for 2020 show low dividend yield, but they also come with a high single-digit to double-digit dividend growth perspective.
Since both industries are growing and expected to grow significantly in the coming years, CAE will continue to surf on this strong tailwind. Management estimated that over the next 10 years, 300,000 pilots will become new first officers and 215,000 will have been upgraded to captain and will have to be trained to support airline fleet growth and to replace retiring pilots. The total active pilot population will grow to 530,000 in 2028 from 360,000 in 2018 creating a much larger market to support CAE’s recurring training services.
World leader in simulation and training for the civil aviation and defense markets. Since both industries are growing and expected to grow significantly in the coming years, CAE will continue to surf on this strong tailwind. Management estimated that over the next 10 years, 300,000 pilots will become new first officers and 215,000 will have been upgraded to captain and will have to be trained to support airline fleet growth and to replace retiring pilots. The total active pilot population will grow to 530,000 in 2028 from 360,000 in 2018 creating a much larger market to support CAE’s recurring training services.
