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Boeing (BA) Gets Buy Rating from Citi, Completes Spirit AeroSystems Acquisition

The Boeing Company (NYSE:BA) is one of the 14 Best Large Cap Stocks to Invest In Now. On December 12, Citi initiated coverage of The Boeing Company (NYSE:BA), assigning the stock a Buy rating and setting the price target at $265.

Citi started coverage on 24 stocks in the aerospace and defense sector. The research firm pointed out that the sector is seeing “a number of megatrends” across commercial aerospace, defense, space, and shipbuilding. According to Citi, these trends could lead to at least one company having a market cap of one trillion dollars in the coming years. The research firm thinks that The Boeing Company (NYSE:BA) offers an “unusually attractive mega-cap turnaround” story. For the aerospace and defense sector, Citi’s analyst expects to see trends improve in the fourth quarter, with momentum carrying into the first quarter.

Pixabay/Public Domain

In other news, on December 8, The Boeing Company (NYSE:BA) reported that it has concluded its acquisition of Spirit AeroSystems. This transaction includes fuselages for the 737 program and key structures for the 767, 777, and 787 Dreamliner. Additionally, the deal includes fuselages for the P-8 and KC-46 that are procured commercially.

According to the report, this deal brings The Boeing Company’s (NYSE:BA) biggest spare parts supplier in-house. It helps the company grow its services for global maintenance, repair, and overhaul services. It also adds Spirit’s aftermarket businesses to expand The Boeing Company’s (NYSE:BA) rotable, lease, and exchange portfolio.

The Boeing Company (NYSE:BA) is a leading global aerospace company that manufactures and services commercial airplanes, defense products, and space systems.

While we acknowledge the potential of BA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than BA and that has a 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 14 Most Promising Fintech Stocks to Invest In and 15 Best Technology Penny Stocks to Buy.

Disclosure: None. This article is originally published at Insider Monkey.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

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