Use access key #2 to skip to page content.
$51.29 -2.54 (-4.72%)
10/6/2008 4:00 PM

The Boeing Company (BA)

CAPS Rating:
****

Operates as an aerospace firm in five principal segments: Commercial Airplane, Integrated Defense Systems, Precision Engagement and Mobility Systems, Network and Space Systems, Support Systems and Boeing Capital Corporation.

View All Commentary (BA)

Recs

5

Avatar columbia1 (31.53) Submitted: 6/06/08 11:37 PM : Outperform Start Price: $72.95 BA Score: -6.10

Well after sifting thru all the carnage of the last couple days, 138 dollar oil, and the largest sell-off in months, its time to start poking around for some bargains!!. I found one!!. BOEING!!! (BA) , this one has been on my wish list from the get-go, and is finally priced right. With several U.S. carriers this week replacing their older, less fuel efficient planes with the Newer Next Generation 737's (737-800, 737-900ER) other airlines are going to have to follow suit to stay competitive. The dollar falling and huge sales in Asia and the Middle East already on the books,Boeing has plenty of work for the coming years. The 787 Dreamliner will be on line soon, hopefully with no further delays in setting up the production line, (20% more fuel efficient then the Airbus A330). A p.e. of 13.22 and a forward p.e. of 12.90, near its 52 week low, Boeing is ready for a green thumbs up!!

Report this Post Replies: 1 | Reply

Avatar jgseattle (25.05) Submitted: 6/10/08 12:03 AM

Recs: 0 | Rec This

The 737 is a great program! The 737 is the work horse of short haul routes. I wonder if airlines really do start to replace the older 737s does BA have capacity to build them. It seem they are pretty booked up right now.

Also, after all the development costs of the 787 BA will have to replace the 737 soon. (projected for 2020) Airlines are demanding an even more fuel efficient plane and one with even low maintenance costs. I hope BA learns a lot for the 787 and delivers.

I think you are early on this investment and I hope you have room to average into a full position because if a recession hits BA is going down into the $50s

Report this Post Reply

Featured Broker Partners