Is Boeing Stock a Buy Now?

Despite a miserable 2024, Boeing (NYSE: BA) stock has quietly run up 23.5% over the last three months. Is the start of an ongoing move upward or merely a recovery from an oversold position? Here's a look at Boeing's prospects in light of the company's recent fourth-quarter earnings report.The recent earnings contained a mix of good and bad news. Starting with the good news, Boeing's management reassured investors about the company's most critical issue: the ramp-up in 737 MAX deliveries.Boeing's plan for 2024 was to stabilize the airplane's production rate at 38 a month and increase it thereafter. Unfortunately, a combination of the need to slow production to improve quality control, and a costly and disruptive labor strike related to a new contract meant Boeing fell far short of expectations.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool