Is Boeing Stock a Buy? 5 Pros and 1 Big Risk to Watch in 2024
Boeing(BA) MarketBeat·2024-11-18 21:47
The Boeing Company NYSE: BA has had a tumultuous 2024 mired by regulatory issues, negative publicity, lay-offs, rising debt, stock dilution, and mounting losses capped off by a 33,000 worker machinists’ union strike. The aerospace sector giant has seen its stock lose 46.2% year-to-date (YTD), hitting levels not seen in over two years. Many investors may believe Boeing’s incumbent position as an American monopoly and global duopoly for commercial airplane manufacturing makes it a viable long-term hold despit ...