Boeing

BA-N

He does not own it. Fundamentally, it is fairly priced. He would not be a buyer because you just do not know what legal ramifications may be yet to come. It smells bad, so he is staying away.

It's amazing the stock hasn't come off more given the 737 Max crash, but it's in a duopoly and travel demand is strong. 23x forward earnings so not cheap. Risk will get worse going forward.

He likes owning down and out companies impacted in the short term by temporary setbacks. It is not going to go up in a hurry, but worth holding.

A good short? He is not a short trader as a rule. The odds are against you as a short as much of the politics have already played out. He would stay away, but would not short it. He would suggest they have a real problem on their hands, but their business is also made of defense assets as well.

It's recently had a sharp 50% retracement in a short time after the crash. It's okay as long as it doesn't break below $350. Actually, he'd be buying now.

Jet liner companies are down on the two jetliners crashing. BA-N is admitting their software was malfunctioning. The stock was charging ahead on big backlog and demand. He has Airbus and it has done fine. There will be some switching. He prefers Airbus.

P/E: 20X. Dividend Yield 2.08%. Bought it at 378. It is a $120 billion dollar company in term of revenues. The recent tragic events is a contrarian opportunity. It is a very strong long-term name with many certainties. Lots of visibility with only one competitor. they are going to lose some money but they have a strong balance sheet and insurance. No real financial risk here. They will bounce back to their all time highs. (Analysts’ price target is $438.42)

A case of uncertainty on top of uncertainty. We could have long-term uncertainty with the name. When you buy, you want to look at your entry point. Could see another dip. Put it on the watch list, and look somewhere else for risk/reward.

The Boeing 737 tragic crash on Sunday in Ethiopia. Sell after owning it a few years? You likely have enjoyed good gains, so take some profits and wait. Boeing will likely overcome the current drop in stock price in time, as they have before. We still need to hear the results of the airplane's black box. It's a great company with fine engineers.

Time to take profit? She sold it way too early. They are generating great new cash flow. She is not adverse to take profits -- perhaps take out your initial investment. A lot depends on the US market in general. If it pulls back, it would be a good opportunity to buy back in.

Just hit 52-week high Firing on all cyclinders with strong demand for global travel. But he doesn't buy stocks at 52-week highs. Wait for a pullback to buy or add.

From a valuation perspective he does not like this stock today. On a price to book of 56 times, it is extremely expensive. He sees the fair market value near $200. He feels they bought back shares trashing the balance sheet in the late innings of the cycle. This sector typically faces the most gruesome moves down when the cycle ends.

BA June (2019) 270 Calls. Boeing has a huge backlog of orders, and China is a big market for them. You’ll get a 9.5-10% return if the stock doesn’t move, and 8.5% downside protection. (Analysts’ price target is $415.35)

We are seeing a cycle reset with a consolidation. We might see a lower low develop over the next couple months and that is where he would get in for the net 3-4 year up leg.