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Boeing is the best comeback story investors can't ignore
The Street
Follow
3/27/2025
Here's why this technical analyst is bullish on Boeing.
Category
🥇
Sports
Transcript
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00:00
There are some stocks that stand out to me right now, and I'll tell you what.
00:05
One of these names is Boeing.
00:06
And I know Boeing has been a controversial name for the past six, seven years.
00:10
They had the horrible plane crashes that happened within about four months of each other.
00:16
And they're still trying to settle that one out.
00:19
But I think with new leadership here, Kelly Ortberg is doing a fantastic job to come out
00:25
with some new contracts with the U.S. government recently, some new plane orders with some
00:32
other airlines.
00:33
I think the skies are starting to clear for Boeing.
00:36
And I think that this is a stock that you really have to pay attention to.
00:40
Their backlog is huge with orders.
00:42
They're starting to make money again.
00:44
They had a horrible quarter that they reported in January of 2025.
00:48
I'm going to call that the kitchen sink quarter, where they just threw everything but the kitchen
00:52
sink in and wiped everything, all the bad stuff away from their books.
00:57
And I think Boeing is a name that you really have to pay attention to.
01:01
Look, it's way, way, way off its all-time highs, which was in the $430 level.
01:07
And at $175, $180, I think it represents a good value for investors.
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