Barron's Front Page Featured Articles : What you Really Need To Know
Let's talk briefly about a couple Barron's featured articles. I like reading Barron's weekly. Back on November 3th when this article came out the stock was trading at $204.55. Now it is at $194.52. What's that, like a 5% drop in only two weeks? In the article it states that the company isn't expected to make profit this year, marking seven consecutive years of losses. No company in the S&P 500 Index it goes on to say has lost more money since 2019 than Boeing. It then says "Boeing is back". That's a strong statement. A cargo plane crashed just after this report came out. Another airplane overseas also crashed only recently. Now this. Chatter about old airplanes still in service. Oh well, Boeing is not really a sure thing but it does have a large backorder for new planes. It can't build them fast enough. Yes they say that the stock is a buy but so far their timing is off. Now lets take a look another cover page Barron's released on July 2...