20 Stocks in Jim Cramer’s Spotlight

4. The Boeing Company (NYSE:BA)

Number of Hedge Fund Holders: 96

The Boeing Company (NYSE:BA) is one of the stocks in Jim Cramer’s spotlight. Cramer mentioned the company during the episode, as he said, “Hey, twofer: I really like Boeing, too. I think Boeing seems like a very solid buy right here.”

Boeing (NYSE:BA) designs, builds, and services commercial airplanes, military aircraft, satellites, missile defense systems, and space technologies. The company also provides logistics, training, maintenance, and digital solutions for both civilian and defense customers. On July 9, Cramer mentioned the stock and said that it is “going much higher.”

“Let me give you another one many missed. Boeing just announced some huge second-quarter deliveries, and deliveries are the chief determinant of its stock price. The company delivered 150 planes, up from 92 a year ago. Fantastic. They booked 427 orders, up from 241 in just the previous quarter. If you paid attention, I bet that most didn’t, you could have caught a 14-point move that was there for the taking. But who was thinking about Boeing? I think the stock’s going much higher by the way.”