What Traders See in the Boeing Company (BA)

Giant airplane maker, The Boeing Company (NYSE:BA), continues to receive mixed reaction on Wall Street at the back of receiving an order worth $56 billion from Emirates. CNBC’s ‘Fast Money’ crew, Jon Najarian and Brian Kelly, were at hand to put to perspective what they think about Boeing as an investment opportunity.

The Boeing Company (NYSE:BA)

Record revenues continue to be the most attractive feature to Mr. Najarian, who remains bullish on its stock. Fuel efficient planes have seen The Boeing Company (NYSE:BA) receive increased orders in the airline industry as more airlines continue to implement strategies aimed at reducing their operation costs.

“Let’s start off with record revenues over at Boeing right now, the stock is absolutely hitting. Number two: fuel efficiency, others in the airline space, want those more fuel efficient two-jet aircrafts that Boeing makes.” said Mr. Najarian.

Most airlines in the industry prefer the two-jet fuel efficient airplanes made by The Boeing Company (NYSE:BA) compared to the four-jet, big, old aircraft that Airbus makes according to Mr. Najarian. The fact that Boeing stocks’ is 8% down year-to-date also makes them more interesting and worth investing, at low prices with the potential of growing over time. Mr. Najarian was also bullish on Boeing dividends which he believes could grow to over 4% over the next two years.

Brian Kelley, on the other hand, maintained a different approach over The Boeing Company (NYSE:BA)’s stock saying that the company could only grow at the back of tremendous growth in the emerging markets. Mr. Kelley maintained a cautious approach over Boeing on the fact that airlines like Lufthansa and Air France have already announced increased levels of overcapacity in the travel industry.

“We have already seen the problems with Lufthansa and Air France, everybody warning that there is overcapacity in the airline industry, so I think those numbers are going to have to come down,” said Mr. Kelly.

Mr. Najarian also pointed out that The Boeing Company (NYSE:BA) is one of the best stocks in the Dow although the company’s stock did not enjoy a big upswing in the market after announcing a deal with Emirates.

Disclosure: none

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

10 Most Influential Papers In Economics

Top 8 Biggest Charities in the US

10 Worst Celebrity Career Moves Ever

Top 10 Best Paid Tennis Stars in the World

10 Cities with High Demand for Nurses

6 of the Worst Greeting Card Messages Ever Crafted

6 Ways to Make Money in ArcheAge and Build Your Empire

10 Foods To Eat To Lower Cholesterol Levels

The 10 Most Hated Television Characters of All Time

The 30 Worst Halloween Costume Ideas Ever Brought to Horrible Life

10 Vocational Skills in Demand Today with Jobs Waiting to be Filled

10 Best Places to Visit in Central and South America

The 10 Greatest Empires in History Which Nearly Conquered the World

The 6 Cheapest Boarding Schools In America 2015

5 Clear Reasons LoL is Better than DotA, Continues to Rule MOBAs

The Only 9 Teams with a Chance to Win the Super Bowl

The 15 Most Common Phobias in America that Induce Fits of Panic

Top 6 Least Expensive Tourist Destinations in 2014

Jim Goetz, Peter Fenton, Jim Breyer: Top 6 Venture Investors for 2014

Top 15 Billionaires in 2014

5 Pitfalls To Avoid When Buying a Franchise

Top 20 Medical Schools in the US – 2014 Rankings

4 Business Strategies that Turned Jamie Oliver into the World’s Richest Chef

6 Qualities That Make You A Good Team Player

10 High Paying Seasonal Jobs in America this Holiday Season

The 10 Busiest Shipping Lanes in the World

5 Most Valuable Brands in China

The 10 States with Highest Substance Abuse Rates Crippling Their Populace

The Top 10 Things to Do Before You Die That Will Echo for Eternity

The 10 Best Selling Items on Etsy

Top 10 Things to Do in Tokyo, the Greatest City in the World

10 Mistakes on Social Media that Can Harm You and Will Probably Get You Canned

The 10 Best Cities to Find Jobs in 2014

The 10 Most Controversial Songs Of All Time to Hit (and get Banned from) the Airwaves

The 20 Biggest IPOs in US History

The 10 Best Places to Visit in Mexico that Are Beautiful and Safe

7 Bad Habits that Age You Beyond Your Years

The 40 Best Fortune Cookie Sayings That Will Leave You Bemused, Befuddled, or Beguiled

10 Foods to Eat Before a Workout to Make Every Drop of Sweat Count

The 5 Best Documentaries On Netflix You Must See

The Most Heartwarming and Inspirational Story Of This Halloween Season, It Will Make You Cry and Jump For Joy

10 Best Party Songs of All Time to Bring the House Down With

5 New World Order Conspiracy Theories that Will Strangle the World

The 10 Highest Rated Movies of 2014

The 10 Largest Container Shipping Companies in the World

The 10 Largest Armies in the World: Who Should We Be Afraid Of?

Best Warren Buffett Quotes on Money You Need to Hear

The 10 Highest Suicide Rates by Profession

The 20 Most Underrated Movies of All Time

The 10 Fastest Growing Companies in America

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!