3 REASONS TO BUY BOEING STOCK AND 1 TO AVOID IT BEFORE OCT. 29
https://media.zenfs.com/en/motleyfool.com/8bb7ea0db20464018a5731c79a8d1ab3
✍️ Boeing's defense business and 737 MAX deliveries are improving, supporting the stock's potential. The company's CEO, Kelly Ortberg, has put the company back on track, and the stock appears attractive on a near- to medium-term basis.
👉 Boeing's defense business is improving, with the company's Defense, Space & Security (BDS) segment reporting profitability for the first time in years. 👉 The FAA has approved an increase in the production rate of the 737 MAX, which will help to reduce the company's inventory of unsold aircraft. 👉 Boeing's CEO, Kelly Ortberg, has made significant improvements to the company's operations, including the appointment of a new CEO for the defense business. 👉 The company's 737 MAX deliveries are picking up, with the company delivering 35 aircraft in the second quarter of 2025, up from 20 in the same quarter a year earlier. 👉 There are long-term concerns about funding the next generation of aircraft, with the company's CEO estimating that a new narrowbody aircraft will cost $50 billion over a decade.
-- #KellyOrtberg #TheodoreColbert #SteveParker #DaveCalhoun #LarryCulp #business
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