Curious what others think about this long term approach to investing in Boeing even though it seems like a bad time with all the problems in the news.
Since it’s the only major commercial airplane manufacturer in America and basically has a global duopoly with Airbus, seems like the odds that it doesn’t somehow recover from this are quite low.
Biggest counter argument is that too big to fail doesn’t mean the stock price will recover. Although GM was too big to fail as a company the stocks issued before it got bailed out and went through bankruptcy are worthless. Not sure how extreme that situation was.
Can Boeing Recover?
“Boeing is too big to fail, so buy it while it’s down”
BOEING (BA) as an potential investment?
Boeing shares in free fall
That’s an interesting choice of words for the title
Edit: for those who don't get it: https://twitter.com/ChinaAvReview/status/1505834279275999236?s=20&t=ds5VKklZi79HwFE9MccPlQ
More on reddit.comShould I buy Boeing stock?
Boeing stock may be a good long-term buy for investors who are willing to ride out short-term volatility, as the company is expected to recover in the coming years.
What is the highest stock price of Boeing?
Boeing’s stock reached an all-time high of $440.62 on March 1, 2019, before facing significant challenges from the 737 Max grounding and the COVID-19 pandemic.
Does Boeing give dividends?
Boeing previously suspended its dividend due to the pandemic but may resume payouts as its financial health improves.