Boeing - $BA
The company had a difficult year, partly due to safety incidents with its aircraft. This was also due to the coronavirus crisis, which caused significant revenue loss for the company.
In its latest earnings report, the company missed estimates. In my opinion, it is a good value company and one of the companies that can benefit from exiting the coronavirus crisis. The stock is receiving buy recommendations from several large investment firms. Yesterday, Jefferies issued a buy recommendation. The price target is $300, an upside of about 31% from the market price.
A recent announcement: Lufthansa Group to Purchase Five Additional 787 Dreamliners.
Technical analysis: Current price: $235.60. The stock is supported at $231. First target (in my opinion): $259. Second target (in my opinion): $277. Stop loss: $229.
Personal opinion only! Anyone using this information does so at their own discretion and personal responsibility only.