BA seems to be beaten down a lot. Unlike previous administration this govt is more inclined to hand out taxpayer money without any strings attached. What do people think about buying BA at 150 ? ##investments personalfinance
You will see $100 again so wait!!
Do you think 100 is a good price to buy ?
Got in $96 and feel that it will totally recover to $350 in 3-5 months
Will take a lot more time to reach there.
Their 737max is fucked, and that's their main revenue source They won't shutdown because US will bail them out, but def not profitable
This is one of those “I wish I invested during the 08-09 recession “ bets. Totally can go back to 300+ in a decade. Highly unlikely that it will go under. I like the risk reward .. depends on your risk appetite and holding period
There are so many deals in the market that you don't have to take the risk. For eg in a decade I can bet Google will 3x.
Do you really think airline companies will be buying planes for a while while haeomorraging money?
Not in near term. In couple of years absolutely.