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May 13, 2009 0

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.
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