Boeing (BA-N)

Not a bad sign. On a 5-year chart, you can see somewhat of a floor in the low $120s. It's bounced off that. Is there potential? Yes, that bounce plus positive divergence gives you potential to perhaps reach the top of that trading range (+/- $240). 

It can do well in 2025 if the CEO executes. He hasn't bought it though. Shares have bottomed.

Aviation is attractive because of structural demand and the industry structure. Only a couple of players in an essential industry. In any other industry, would be bankrupt. From the outside, can't know if it's fixed. Don't consider. 

Puzzling. The big stock dilution hurt earnings power, but they enjoy a duopoly with Airbus, so eventually this will rebound.

Company under pressure - recent announcements to raise debt and equity. Working capital has fallen short lately. Recent union negotiations time consuming. However, demand for products high. Will depend on how well company executes in the next 1-2 years. Time will tell. Would recommend watching for now. 

Enjoys an oligopoly with Airbus. There's strong demand from the airlines as more people are travelling. However, Boeing has a terrible balance sheet, problems with the 737 Max, parts shortages, and now the unions. Management needs to prove it can deliver and right the ship. Airlines may prefer Airbus long term. Boeing needs to redeem itself.

A nightmare. They reported a horrendous quarter today, losing $1 billion a month from this machinists' strike, and they've forgotten how to make planes. That said, buy a lot of shares when they do a secondary offering (much lower than the current share price) to shore up their balance sheet to survive. Why buy? They enjoy a duopoly. After this strike, Boeing will be back to profit again. Demand for airplanes remains strong, a half-trillion dollars worth. The company has poor, arrogant management, and a lousy corporate culture.

Is worried. Poor balance sheet and fears there will be a strike.

Prefers not to step in front; like picking up dimes in front of a bulldozer. You could buy it and be a hero, but he'd prefer to buy at 20% off the lows with a better technical setup. Too many unhappy shareholders just waiting for it to move higher so they can get their money back. You want happy shareholders around you.

He owns GE (it's now purely jet engines after the spinoff). Also owns ERJ, which has an opportunity to win significant market share. 

She sold Boeing after being very patient with it. But the labour negotiation and the company coming to market to raise capital changed her mind. Eventually, Boeing will right itself though.

Today the strategy is to sell a put option to get in at the entry point, maybe January 2026 or June 2025, looking to sell at $150. He would buy additional out of the money puts in case of more problems with the company.

Both of the primary upstream manufacturing units are incurring operating losses. Technical issues are troubling. Labour issues. Fixed-price contracts at a time of rising inflation. Covid really hurt. Order backlog starting to rebuild. Still no dividend. Lots of debt. New CEO will take a while to settle in.

Boeing has several problems, including the 737 Max. There are better industrials with cheaper valuations and better growth.

It has been in the headlines a lot and deliveries have been an issue for both Boeing and Airbus. It is hugely capital intensive and this is not their way to play aerospace. He prefers RTX, formerly Raytheon, which makes parts. More are needed for older airplanes since deliveries of new ones are a challenge these days.