(A Top Pick Mar 24/21, Up 18%) Still bullish as Airbus is well-positioned to benefit from the recovery in air travel this year and beyond. They still benefit from an oligopoly with Boeing. Also, when Covid hit, the average age of airplanes in the industry hit all time highs, so planes were already old. The airlines look for fuel efficiency in new planes they buy (reducing carbon emission is a major driving), so this could be a key competitive advantage for Airbus.
(A Top Pick Aug 19/19, Down 46%) He still likes it. He doesn't know when air traffic will resume, including business travel. A vaccine or herd immunity will encourage travel. Boeing, their biggest competitor, is still struggling with the 737 Max. Hold onto this, because when air traffic returns this stock will easily triple. (Stay away from Boeing.)
The aerospace sector has been hit hard. However, he thinks carriers will need to go to new planes eventually and buyers will avoid Boeing. Yield 0%
They are attracting more buying orders. It is a natural beneficiary of the issues Boeing is having. The purchases are multi-year and the deliveries are multi-year. He thinks they will be okay longer term. He prefers the bigger seats for long haul flights. This is definitely a trade here and an opportunity.
Airbus is a American stock, trading under the symbol EADSY-OTC on the US OTC (EADSY). It is usually referred to as OTC:EADSY or EADSY-OTC
In the last year, 2 stock analysts published opinions about EADSY-OTC. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Airbus.
Airbus was recommended as a Top Pick by on . Read the latest stock experts ratings for Airbus.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
2 stock analysts on Stockchase covered Airbus In the last year. It is a trending stock that is worth watching.
On 2022-06-24, Airbus (EADSY-OTC) stock closed at a price of $24.6395.