Boeing Still Being a Good Investment, but Not Now | Ba stock
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Boeing Company (NYSE: BA) is a leading aircraft, military and space equipment manufacturer. Boeing is among the top three military equipment companies in the US by the yearly order volume. In 2018, the company is going to supply 912 aircraft, or 20% more.

Another contract won by Boeing is worth $805M and includes developing, manufacturing, testing, and supplying for pilotless aircraft to the US Air Force by 2024. The US Air Force also has yet another contract with Boeing, which is worth $9.20B and includes both aircraft and flight simulators. Boeing is also a significant player in the international military business; with the emerging countries increasing their budgets in the light of global geopolitical uncertainty, the company is sure to get more orders.

Apart from military aircraft, Boeing is planning to launch an air taxi prototype next year, which would carry passengers for short distances, while the company is also determined to create an air transport management system within 5 years. In 2016, Boeing shares started rising from $100, with the volumes growing, and reached the high at $350, i.e. those who bought at $100, started selling at $350. The news on the company plans must be already priced into the shares, so before adding Boeing to your portfolio, you’d better wait for some lower prices. Coin spectator is an automated news aggregation service. All copyrights belong to their respective owners. Images and text owned by copyright holders are used in reference to and promotion of those respective parties. Read in Full



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