Boeing Stock News: Stock Bullish Because Of Free Cash Flow (BA)
Boeing Stock News
Summary
- Boeing is the largest aerospace company in the world, with commercial aircrafts making up 66% of its revenues.
- The company received more firm orders than its rival, Airbus, at the recent Paris Air Show.
- It also has more deliveries per year, meaning a higher free cash flow that translates into a higher dividend yield for investors.
- I Know First is bullish on Boeing over the next year, believing the stock price will climb to new highs.
Patient, long-term investors should seriously consider buying Boeing stock at the current prices. With a strong backlog for its products and better deliveries than its rival Airbus, it is the strongest play in the aerospace industry currently for income investors. The management team has shown a strong emphasis on returning value to shareholders, and the company is entering into a harvest phase when it reaps the benefits, in the form of revenues, from the large backlog of orders that the company has built up.