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May 13, 2009

Stocks to Watch – Boeing

Interesting artcle at cnn.money.com regarding Boeing stock. With the added input of two analysts.

NEW YORK (Fortune) — Boeing stock has plunged as air travel swoons globally. This year is expected to be only the third time air traffic has declined in its 50-year history.

Boeing Shares have dropped 60% since their peak in October of 2007, and earnings have sunk 50% in the first quarter as airlines delay or cancel orders, Boeing begins to cut production, and investors worry about Pentagon spending cuts.

But with its 787 Dreamliner ready for launch this summer, should investors consider buying shares of the aerospace manufacturer?

Continue reading the article at:  money.cnn.com

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