Is Boeing (BA) Stock A Buy? Down 70% From Highs! ⇅
#stock analysis #airline #airline stocks #stock market crash #Education
Boeing stock has been a very, very bumpy ride over the last few months. Pretty much anyone who bought this stock from 2017 on got burned badly. From 2017 to 2019, this company was like the darling of the Dow. It was one of these stocks that did not budge. No matter what happened, the price was firm in the $350 range or so.
Then, out of nowhere, the stock became totally unhinged. It fell to a 52 week low of $89. From the 52 week high to low, this stock tanked 77%. Now, this stock is back from $89 a share up to $130 and for the time being it seems to have stabilized. So is this stock a buy? I will be sharing my opinion.
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