5 Best Industrial Stocks To Buy Now

4. The Boeing Company (NYSE:BA)

Number of Hedge Fund Holders: 51  

The Boeing Company (NYSE:BA) designs, develops, manufactures, sells, services, and supports products in the space and defense sector. It is one of the top industrial stocks to invest in. The Boeing Company (NYSE:BA) on October 9 reported that its 737 MAX flight has resumed flying into China for the first time in four years. The Boeing Company (NYSE:BA) has recently been lobbying to extend the deadline for certifying its 737 MAX 7 and MAX 10 jets and avoid a potentially costly compartment redesign. 

On September 27, Morgan Stanley analyst Kristine Liwag kept an Overweight rating on The Boeing Company (NYSE:BA) stock with a $233 price target, stating the underperformance is related to beta and market, and it is not related to any other new developments.

At the end of the second quarter of 2022, 51 hedge funds in the database of Insider Monkey held stakes worth $1.5 billion in The Boeing Company (NYSE:BA), compared to 52 in the preceding quarter worth $1.4 billion.