5 Stocks Most Vulnerable to Recession

In this article, we discuss the 5 stocks most vulnerable to recession. If you want to read our discussion on the global economic situation, go directly to 10 Stocks Most Vulnerable to Recession.

5. The Boeing Company (NYSE:BA)

Number of Hedge Fund Holders: 52

The Boeing Company (NYSE:BA) is an Arlington, Virginia-based aerospace and aviation company that specializes in designing, manufacturing, and supplying airplanes, satellites, telecommunication, and related equipment.

On July 15, Josh Sullivan at Benchmark slashed the price target on The Boeing Company (NYSE:BA) by 20% to $200. The analyst highlighted that he anticipates The Boeing Company (NYSE:BA) to report an adjusted loss per share of eight cents as opposed to the consensus forecast of 13 cents per share for the second quarter of 2022.

Historically, The Boeing Company (NYSE:BA) has not fared well during recessionary times as the demand for its products falls during an economic downturn. The company has already been facing difficulties following the Covid-19 pandemic and the grounding of its 737 Max airliners due to two plane crashes. Furthermore, The Boeing Company (NYSE:BA) has seen its debt rise by over 400% over the course of the last five years.

The Boeing Company (NYSE:BA) was held by 52 hedge funds as of Q1 2022.