Topic: Dividend Stocks
BOMBARDIER INC. $4.13 (www.bombardier.com) has won a $440-million U.S. contract to design high-speed railcar components for a German rail operator. The company will also help build these trains. It did not say when it would begin deliveries, but the deal is equal to 3% of its 2012 revenue of $16.8 billion U.S. Moreover, railcar contracts like this helps offset the company’s exposure to the more cyclical airplane market. Buy.
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