NYSE:BA
Boeing (BA)
193.56
+1.28 (0.67%)
as of Oct 2, 2026, 8:00:00 pm Market Open.
301 watching
Financials 
Technical Analysis 0
DON'T BUY
BUY
They delivered a great quarter today, finally thriving because of the post-Covid travel boom. It's a cash flow story, not an earnings story, and cash flow came in much better than expected. Managers guided even higher. He once expected Boeing to do a major equity issue, but doesn't see that happening anymore. They're starting to win larger shares of plane orders. He predicts China, now out of lockdown, will order more planes from them and be a growth area again.
Transportation
BUY
He's been adding to it over the last several months. Yes, BA is up a lot in recent months, but you can still start adding or starting a position. China could order planes as it warms relations with the US. Meanwhile, engine supplies are picking up after struggling.
Jim LebenthalOwned
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PARTIAL BUY
Sure, the quarter was messy and management failed to execute. But there remains strong demand for places given the travel economy. There are not enough planes. It's hard to build a new airline from scratch. Onl this and Airbus are in this sector, so that's a moat. Plus, they have positive cash flow. Buy only partially, because it's volatile.
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BUY
Their troubles will play out, but boy it's taking a long time. Their Q2 earnings were much better than expected and 787s are being delivered again which is important for free cash flow. Shares jumped to $172 and now down to $157. He's adding to his position as shares have gone done. This is on sale. Ahead, China could re-certify the 737 Max, but before that Congress could extend the deadline the certification of the 737-10 Max. This is key. It's a good airplane and crucial to Boeing.
Jim LebenthalOwned
Transportation
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Industry structure is favourable, as there are only 2 manufacturers. High profitability. Jury still out. Difficult to guess whether it will fall, anything can go down. He really likes RTX, as you get aerospace and defense, counter-cyclical business.