The Boeing Company (NYSE:BA) is one of the stocks Jim Cramer shared his opinions on. The company was mentioned during the episode, and here’s what Mad Money’s host had to say:
“If you bought Boeing on weakness during the strike last fall, you’d now have a nearly 36% gain. These guys have been running circles around the unions for decades. I don’t see that changing anytime soon… Long story short, Boeing’s now officially a Charitable Trust holding thanks to the stock’s recent pullback. So you should know the core case for owning the stock. The company’s gradually ramping up production for its key aircraft models, the 7377… and remains mostly on track with these efforts. Boeing’s balance sheet is much, much better than it was after the huge recapitalization effort late last year.
Pixabay/Public Domain
The Boeing Company (NYSE:BA) designs, manufactures, and services commercial airplanes, defense systems, satellites, and space technologies. In addition, the company provides logistics, maintenance, training, and digital solutions for both commercial and government customers.
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Disclosure: None. This article is originally published at Insider Monkey.
[SRC] https://finance.yahoo.com/news/jim-cramer-says-boeing-simply-171242131.html
