The Street
  • 2 days ago
Here's why this technical analyst is bullish on Boeing.
Transcript
00:00There are some stocks that stand out to me right now, and I'll tell you what.
00:05One of these names is Boeing.
00:06And I know Boeing has been a controversial name for the past six, seven years.
00:10They had the horrible plane crashes that happened within about four months of each other.
00:16And they're still trying to settle that one out.
00:19But I think with new leadership here, Kelly Ortberg is doing a fantastic job to come out
00:25with some new contracts with the U.S. government recently, some new plane orders with some
00:32other airlines.
00:33I think the skies are starting to clear for Boeing.
00:36And I think that this is a stock that you really have to pay attention to.
00:40Their backlog is huge with orders.
00:42They're starting to make money again.
00:44They had a horrible quarter that they reported in January of 2025.
00:48I'm going to call that the kitchen sink quarter, where they just threw everything but the kitchen
00:52sink in and wiped everything, all the bad stuff away from their books.
00:57And I think Boeing is a name that you really have to pay attention to.
01:01Look, it's way, way, way off its all-time highs, which was in the $430 level.
01:07And at $175, $180, I think it represents a good value for investors.

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