Pros and Cons for Investing in Boeing Co (BA) Stock

Boeing Co (NYSE: BA) is on an upswing, as a perfect storm of trends, including strong aircraft demand, a cash boost from tax reform and a potential benefit from increased defense spending are all working in the favor of the Chicago-based aviation giant.

With a new aircraft fleet on tap this year (the 737 Max 9), and a fresh financial tailwind at its back for the nation's No. 1 aircraft manufacturer, the question is this: Just how high can Boeing stock fly?

Boeing stock at a glance. Founded in 1916, Boeing operates in four segments: commercial airplanes; defense, space and security; global services; and Boeing Capital. Each area is currently contributing to company growth, as Boeing reported a backlog of orders totaling $488 billion in the fourth quarter of 2017. Boeing reported that it delivered a record 763 aircraft in 2017 and it expects to deliver between 810 and 815 aircraft in 2018.

[See: 10 ETFs to Buy For Aggressive Growth.]

Boeing CEO Dennis Muilenburg credits the sharp upturn in BA stock to a philosophical shift in the aerospace sector. In a CNBC interview, he noted that the industry has morphed "from being a high-cycle business in the past" to "a long-term sustained growth business."


Source: Yahoo News