The Boeing Company (NYSE:BA)

CAPS Rating: 3 out of 5

With a focus on giant things that fly, Boeing is a leading maker of large commercial jets and a top defense contractor.

Recs

0
Player Avatar zoagra (80.43) Submitted: 10/9/2008 12:17:38 AM : Outperform Start Price: $46.26 BA Score: +7.64

Boeing stock price is currently probing long-term support just below $50 after being driven down by selling related to the global financial crisis. The machinists' strike has provided the company's suppliers an opportunity to fix their production problems and will probably be resolved before the end of the year. Sustained demand for both commercial and defense systems should drive revenues and profits at the company for several years under most economic scenarios.

Featured Broker Partners


Advertisement