05/10/2020 - Boeing study from different forums
While I was looking if it is a good time to buy Boeing, the airline maker, I found this interesting article in one of the fora. I am copy-pasting one of the interesting analysis on Boeing for my own perusal and anyone who come to this site. If you want to belong on this stock you have to be willing to put aside your capital for 2 to 5 years. BA like the airline industry is a cyclical stock that goes up and down with the economy. The current low of BA is not different than Airbus with both stocks down exactly 59% YTD. This theory of BA has poor management, 737 Max issues, and tons of debt is overblown. Fundamentals have improved over the last week with the management making the right decisions. 1.BA is getting to be a lean company which is the need of the hour. Cutting down the workforce, decrease the inventory rate will help reduce CAPEX and decrease cash burn. While the economy gets better BA can continue to grow revenue through the defense contracts and servicing existing cus