Here's Why Boeing Stock Is Worth Owning Despite Continued Losses, Falling Deliveries, and an Earnings Miss
https://www.fool.com/investing/2023/10/29/why-boeing-stock-is-worth-owning-despite-losses/
9 replies (most recent on top)
Some people still believe in God. Ignorance is bliss and they get what they deserve.
cr-ppy company
vs
the only game in town
what a sad conundrum
Wow bud, that horse is already dead, you can stop beating it now
@1vha+1pltCn2S
You have posted the same 9 month old link in two different threads.
Those people have been laid off for like 3 months now.
No wonder Boeing has issues, their employees can't even find current and relevant articles to bash them with.
For Boeing's sake, I hope you are not a current employee.
Boeing plans to slash 2,000 jobs this year in a quest to eliminate ‘bureaucracy’
while hiring five times as many in other departments
What about nepotism and DEI, that's still a win win, Right?
https://fortune.com/2023/02/07/boeing-layoffs-jobs-hr-finance-hiring/
Boeing plans to make staffing cuts in the aerospace company’s
finance and human resources departments in 2023,
with a loss of around 2,000 jobs, the company said.
“We expect about 2,000 reductions primarily in Finance and HR
through a combination of attrition and layoffs,”
Boeing said in a statement Monday.
“While no one has been notified of job loss,
we will continue to share information transparently to allow people to plan.”
The company, which recently relocated its headquarters to Arlington, Virginia,
said it expects to “significantly grow” the overall workforce during the year.
“We grew Boeing’s workforce by 15,000 last year
and plan to hire another 10,000 employees this year with a focus on engineering
and manufacturing,” If we are not forced into bankruptcy.
One Man's junk is another Man's treasure
We will continue to sell shares in our failed corrupt corporation
right up to the very last minute when we file for bankruptcies...
"Their Is One Born Every Minute"
https://miro.medium.com/v2/resize:fit:640/format:webp/0*P-EodQnRe7W5Wc9q.jpg
Boeing is still 35% of a commercial duopoly being the only other alternate to Airbus. That alone can be very profitable if they can get out of their own way.
- Demand for new passenger jets is accelerating, and will likely rise even more in the future.
- The company's backlog of unfilled orders is starting to grow at a faster pace.
- Although it's arguably undervalued, investors need to know Boeing stock will likely remain volatile.