Invest in boeing and airlines??

Amazon
Bdbh72

Go to company page Amazon

Bdbh72
Jun 7, 2020 16 Comments

Newbie investor here. Seeing the recent growth, is it worth jumping now into Boeing and Airlines like Delta and United?
Thinking of putting in 20k.

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TOP 16 Comments
  • Wayfair
    hitman047

    Go to company page Wayfair

    hitman047
    BA and DAL will go up, but how long will it take? If it takes 6 months for 50% stock increase, then there are better opportunities out there that can beat that.
    Jun 7, 2020 2
  • eBay
    huk

    Go to company page eBay

    huk
    Not convinced. Air traffic ci will take a long time to fully recover and some airlines might go bust. You have to get lucky and pick the ones that won’t I’ll stay out of airlines for now
    Jun 7, 2020 6
    • Boeing / Data
      DennisBot

      Go to company page Boeing Data

      DennisBot
      Yep exactly. Government support would come with provisions against layoffs, stock buybacks, and executive compensation.
      Jun 7, 2020
    • eBay
      huk

      Go to company page eBay

      huk
      Maybe I’m overly pessimistic here but I have 0 confidence in Boeing. They really fucked up hard with the MAX that kinda shows broader corporate mentality. Don’t see much good in the future and I don’t think it’s unreasonable to expect that they may need government help in the future even if they now have enough cash for the mid term. OP if you want to try taking advantage from the recent airline drop without exposing yourself to default risk just try buying an airlines ETF..that’s what I would do. JETS could be one option
      Jun 7, 2020
  • Boeing
    YrUE47

    Go to company page Boeing

    YrUE47
    A month or two ago when Boeing was around $100 it was an easy buy, even short term. I feel pretty confident the stock will go back up which is why I pour all my 401k into it for the long term. For a short term buy and sell there might be better options than Boeing at this point
    Jun 7, 2020 1
  • Google
    🐣+1=πŸ₯

    Go to company page Google

    🐣+1=πŸ₯
    Bought those two months ago. I wouldn’t buy more now.
    Jun 7, 2020 0
  • Google
    🐣+1=πŸ₯

    Go to company page Google

    🐣+1=πŸ₯
    Too late
    Jun 7, 2020 1