Is Boeing Stock a Buy?
While many stocks in the sector have outperformed the market in 2022, and a few (Raytheon Technologies, AAR Corp, and Hexcel) are actually in positive territory, Boeing stock is down a whopping 36% in 2022, and 48% over the last year. There’s little doubt that the problems at Boeing are a combination of the general market plus its own execution problems. If it isn’t multi-billion dollar cost overruns and charges with Boeing’s defense business, it’s significant operational and regulatory issues across all its major commercial aircraft.
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