Boeing (BA) Stock Analysis - Time To Buy The Dip In BA Stock?
Автор: The Investor Channel
Загружено: 2021-04-28
Просмотров: 3432
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Today we look at Boeing #BA #Stock - this company has recovered nicely since trading at around $90 per share - however the stock is down about 15% over the past few weeks. We take a look at the Q1 results at Boeing which show a company that is still struggling because of reduce airline demand and the fact some of their planes remain grounded. However, Boeing has years of backlogged business and virtually no competition in the commercial airline space - along with a profitable Defense business, that should propel BA stock once the worst of the health situation and 777 approvals are behind them. Finally, we take a look at the Boeing stock chart, it’s reached a level where buyers should step in, and I think this is a stock you can accumulate over the long term.
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