Jim Cramer Says “This Is the Year One of a Multi-Year Turn in the Stock of Boeing”

The Boeing Company (NYSE:BA) is one of the stocks in focus as Jim Cramer shared his weekly game plan. Cramer highlighted why he would not sell the stock, as he remarked:

Tuesday starts with Boeing. Now, this stock’s had a monster move since the last quarter. I don’t think it can report a number that can equal the actual move, but I wouldn’t sell it either because this is the year one of a multi-year turn in the stock of Boeing.

The Boeing Company (NYSE:BA) designs and builds commercial aircraft, defense systems, satellites, and space technologies, and provides related support and service solutions. During the January 22 episode, Cramer showed an optimistic sentiment toward the company, as he said:

What did we know about Boeing? Well, it hasn’t reported yet. We bought it aggressively and all the way down endlessly because management told us that they couldn’t shoot straight, and the term was delayed. But they added that the cash flow will be higher than expected. We told investing club members to buy and buy and buy down 50, down 60, down 70 because we knew that the cash flow was the key metric to watch here, and the rest is just noise. You needed to follow Boeing for 30 years, as I have to understand this… See, you can’t defeat Boeing.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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