Boeing Is At A Cyclical Bottom, Buy When Everyone's Scared
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Mikhail Fedorov858 FollowersFollow5ShareSavePlay(15min)CommentsSummaryBoeing is at a cyclical bottom, with negative equity and losses, but a major turnaround is likely as production and demand recover.Global air travel demand has fully rebounded, yet BA and Airbus revenues remain far below 2018 levels, indicating massive pent-up aircraft demand.Regulatory restrictions on the 737 MAX are lifting, 787 Dreamliner issues are resolved, and the 777X certification could unlock significant revenue upside by 2026.I recommend buying BA for a 5-year horizon; normalization of production and demand could double the stock as cash flow and profitability return.
Aeon Aviation Photography/iStock Editorial via Getty Images If you look at the current financials of The Boeing Company (BA)(BA:CA), it is very likely that you will not want to buy shares of this company. Based on lastThis article was written byMikhail Fedorov858 FollowersFollowI started trading on the Moscow Exchange in 2005 as a private trader. Since 2010, I have been a financial markets analyst. I worked as an analyst in several brokerage companies in Russia and then in Ukraine since 2018. I also worked for a leading financial media outlet in Ukraine, covering global markets for Ukrainian readers. I specialize in macroeconomics and general market trends. I am also interested in history and philosophy. Although I received my economic education at Yakutsk State University, I am still largely self-taught. I see Seeking Alpha as a step up in my development, and an exit from the regional market to the global market with an opportunity to share my thoughts and ideas with the whole world.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.Recommended For You