Boeing Turnaround Trade Call

28 days ago

Speaker

"And that's going to be stock number one, which is going to be Boeing. Boeing is in the midst of what I want to call a turnaround story. And although these can be uncomfortable at times, they can also be very rewarding. This is a company that's gone through a number of negative events over the past few years, but now under new leadership, their supply chain, everything is under a tight microscope. So, when you combine all of that and you see a backlog like this company has, there's a lot to like. I'm not buying Boeing for perfection. I'm buying it for normalization."

The speaker outlines a turnaround narrative for Boeing, highlighting new management and a record backlog as key catalysts. The trade call is based on the expectation that normalization in free cash flow and operations will drive future gains.

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