Wait for Blue Skies Before Investing in Boeing

Credit: The Street
Published on June 27, 2019 - Duration: 01:29s

Wait for Blue Skies Before Investing in Boeing

Real Money Stock of the Day Boeing once again made headlines after news broke that the U.S. Federal Aviation Administration found another issue with the 737 MAX software.

The "potential risk" will reportedly delay the official 737 testing date until at least July 8.

So what is a Boeing investor to do now?

After so many negative headlines, Action Alerts PLUS senior analyst Jeff Marks breaks down when Boeing could become investable again.

"I would say if you're not in Boeing yet, I don't see a reason why you need to rush in.

It seems like this 737 problem is still going to keep going.

That's going to cap its gains as we've seen.

The stock just hasn't really done much.

So I think there are better industrials to play," said Marks.

Related.

Boeing Loses Altitude as FAA Finds More Risks Related to 737 MAX


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