Yesterday in South Korea, a Boeing 737-800 tragically crashed. It is not yet known what caused the crash, but if it was Boeing's fault, it could be a big problem for the company. We'll see how $BAstock reacts after the market opens today . I wouldn't buy their stock for my portfolio.
How do you feel about the current situation surrounding Boeing?
This sector is too cyclical for me and Boeing is a great example. That chart looks really scary and in the final analysis the stock isn't even growing much.
Boeing has a lot of problems, but on the other hand, I wonder if this isn't a good buying opportunity now that the stock is so low.
The $BA stock makes no sense. The company isn't going to get out of these problems and the stock will likely continue to fall.
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We'll see what happens, but from an investment standpoint, I see $BA as an overvalued stock. I would expect that there could be some downside that knocks the price down