Misc.Apr 24, 2019
Appleabple

Is it a good time to buy stocks of Boeing co.

It’s at 377 now , wondering if it’s worth buying now ? I know Boeing is vital to the US military despite the 737 max mishaps. Doesn’t seem very ethical to buy, but isn’t it a capitalistic to just worry about increasing your wealth and it will pay forward? Thanks

Add a comment
New
QTdN03 Apr 24, 2019

I think Boeing still has further to fall.

Genentech Raxe Apr 24, 2019

Personally I get nervous when shareholders sue the company. Makes me think they think it’s the only way to get their money back. It’s no grim reaper but still a red flag imo

Microsoft richardhea Apr 24, 2019

The max ordeal is far from over. They are fine long term but until it’s resolved and the airplane is back in service, I’ll stay away. 🍆

KLA-Tencor stormer Apr 24, 2019

Boeing has 1000s of 737 Max orders in backlog. Customers won't let Boeing fail. Mishaps like these happen from time to time whenever a new product is launched. Same thing happened to the now successful A320. Boeing cannot afford to scrap the programme and launch a new one. It means billions of dollars wasted. Hey its Murica after all, Boeing will find a way to get around. A software patch is due very soon which hopefully fixes the screw up. IMHO buying Boeing stocks now is a good thing. It may go low in forecoming days but it will definitely bounce back, provided the patch doesn't screw up again.

Intel Who.Dis Apr 24, 2019

If you’ve delved deeper than the 2 crash headlines, you’ll learn that Boeing is rife with incompetence and corruption. You can’t just assume a culture like that will self-correct. The best case scenario is that there is an executive shake-down. The worst case is that Lockheed makes all of the military fighters, and recent events have suggested they are a front runner

KLA-Tencor stormer Apr 24, 2019

True. But whatever may happen Boeing is not shutting down anytime soon. Boeing is too big to go down. US cannot afford to fail Boeing when Airbus is ready to bleed Boeing at every chance. China has its own too. Just like US govt rescued banks and Insurance corps. Boeing will be rescued if it tanks.