Yesterday, Boeing (BA) reported earnings before the bell. For those who have missed my elaborate view on the results itself, you can read it here and I will provide a brief summary below. A look at the figures always is nice. But I think investors also should be aware of what is being discussed next to the numbers and there certainly have been positives there that I will discuss in this article. Whether this warrants an addition of Boeing shares to your portfolio is yours to decide, for me it is merely a reason to keep holding on to the shares that I currently do own.
Some say that Boeing sold off yesterday post earnings. As an investment Boeing shares returned over 85% of value (dividends excluded) to investors and I think if you combine with the 3% share price decline of yesterday with a flattish price development today, you can hardly speak of a sell off. Investors who have consistently looked at the cash flow performance and risk mitigations have been able to take a position in Boeing or expand their positions in 2016 or earlier. Another group has invested in Boeing after the Q2 earnings which positively surprised Boeing and awarded the company by settings its shares 10% higher. I think it is likely those people who have sold their shares yesterday locked in a gain of roughly 10%. That stands in high contrast with the gains that others have booked after consistent due
Article source: https://seekingalpha.com/article/4116908-boeing-rocket-climbing-aircraft
