Originally Posted by
PHDracing
I know there are only a few days until the end of the quarter and maybe that will bring a reckoning.....But I remain impressed (or amazed) at the strength of BA stock.
Close today at $354....Give this company some good news.....like the Max will fly again......and this stock will run!
What do the Pros say? Well, Reuters, Ned Davis, Morningstar, Credit Suisse, etc....all are "neutral" for BA's future.......With people like Market Edge Second Opinion saying to Buy and hold for the long term!
Of the other hand.....Charlie Schwab gives them a rating of F. STRONGLY UNDERPERFORM.....Charlies lowest rating.
I wouldn't touch them with "your money".....but I am impressed at how strong the stock is.... considering all the bad news. IF and that's a might big IF.....you believe they will straighten out and fly right........
This could be a nice play.
Aviation is a direct beneficiary of the current free money craze. Financing airplanes gets a positive yield and tax benefits, while regulatory scrutiny ensures that the assets are adequately maintained. That is almost impossible to find elsewhere.
So Boeing and Airbus will continue to flourish as long as Fed Chairman Powell keeps pumping the money. Once the music stops, that will change, but for now, even the MAX issues can't stop the dance.