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$47.08 5.28 (12.63%)
10/13/2008 4:03 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.

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Recs

6

Avatar K2Vancouver (95.32) Submitted: 1/03/07 10:10 PM : Outperform Start Price: $86.25 BA Score: -16.34

Cramer quote:

In 2007, I believe Airbus will admit the sad truth that it can't make the big planes it promised so many. That would allow Boeing to become something it has always wanted to be: a monopolist. And what a great time to be a monopolist! Labor costs are down, raw material costs have stabilized and prices can be raised. Some think this stock has peaked; they ain't seen nothing yet. I like the prospects for a 30% increase and a price of $120, made up in big increments at the reporting of each quarterly upside surprise.

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