Boeing Appears to Have Turned the Corner

about 1 month ago

Multiple Speakers

"One of my other fun names is Boeing. Fun name's Boeing. It's fun because I love aircraft and I just I've been waiting for Boeing to turn the corner. And I think they've clearly turned the corner if you look at the stock price. And they're benefiting from if you want to ingratiate yourself to President Trump, buy a lot of our stuff. And if you want to rack up a big bill, a big deal, a big headline, buy aircraft because they're expensive. So yeah, absolutely. Paul, and that's exactly what's happening to Boeing at the moment of those shares. Ticker BA up nearly 3% at the moment. And, you know, we did get a couple of pieces of good news related to aircraft purchases. So one is the fact that it has secured an order from Uzbekistan Airways. There you go. So they have a deal for as many as 22787 Dreamliner jets. And then at the same time, it seems like we're getting some traction on a potential U.S.-China deal as well for purchases of Boeing aircraft."

Boeing (BA) is highlighted as having "turned the corner" with renewed momentum in its stock performance, now up nearly 3%. The commentary noted sizeable orders including a major deal with Uzbekistan Airways and potential US-China negotiations, which underscores a bullish view on the aerospace giant.

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