Boeing Stock News: Stock Bullish Because Of Free Cash Flow (BA)
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.
