Following in the footsteps of fellow brother bloggers, trying to keep everyone updated in my life as well.

Friday, June 01, 2007

Boeing

I have been impressed by what I hear about Boeing. It has been a great company for a long time, but they have recently made some serious headway.

PROS: They are coming out with the Dreamliner 787 commercial jetliner, a plane light years ahead of current commercial jetliners. It is going to be built of lighter material making the plane more fuel efficient and quieter, will have huge windows, and will be made far quicker than average plains.
They have also been hammering their competition, or lack thereof, as Airbus has been struggling beyond control.
As Jon Markman states in a recent article on MSN Money, "I'll go further and call Boeing the greatest U.S. manufacturer of all time, considering that it has beaten back all domestic and foreign rivals to become the rarest of entities: a monopoly that has evaded the government's usual trust-busting impulse and pushed the envelope on both innovation and profitability."
Boeing is not relying solely on this Dreamliner, as they are doing business with the government for defense, which, while could be slowing, will not stop any time soon.

CONS: High price tag - around 100/share. This stock has already gone up so much that it might be inflated - not that it can't go further in the coming months, but at the current time, the hype may be getting the stock ahead of itself.

THE FUN?: I am not a big risk taker, but over the next couple months, I might have to be in order to own this stock. Boeing has certain deadlines to meet with the Dreamliner, and if complications arise, the stock could stumble. But in the long run, this stock has the potential to fly high with the way that this Dreamliner could dominate. There are already $80 billion worth of current orders for this plane.

2 Comments:

Blogger J Rhea said...

Don't know if I can invest in a defense contractor. Conscience crisis. Still... enjoying your tips, keep at it.

1:45 PM

 
Blogger Michael said...

ah, can i get some stock updates...i need to update the portfolio, counting on the blog here...

10:29 PM

 

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