Reported 8 months ago
Boeing's stock has dropped over 30% in 2024, making it attractive to value investors due to its position in the aviation industry. While there is potential for growth in deliveries and margins, there are uncertainties related to labor negotiations, cash drain from potential investment in Spirit AeroSystems, and the lack of a new CEO announcement. With these factors in mind, investors may want to avoid investing in Boeing stock for the time being.
Source: YAHOO