Jim Cramer explains why Boeing is a buy even after a troubled quarter: 'They'll be fine once they raise the cash'
Boeing(BA) CNBC·2024-10-24 07:06
CNBC's Jim Cramer on Wednesday explained why he thinks Boeing is a buy even though it posted a third-quarter loss of more than $6 billion, saying there simply aren't many competitors who can manufacture aircraft at scale."The worse Boeing's financials might be, the better the buy, because as soon as this machinists strike is over and Boeing raises some money, it'll be back on the road to profitability," he said. "Do not get me wrong, this company is in awful shape — but only two companies on earth can make ...