Some Things Are Going Right, Says Jim Cramer While Mentioning Boeing (BA)

We recently published 16 Latest Stocks on Jim Cramer’s Radar. The Boeing Company (NYSE:BA) is one of the stocks Jim Cramer’s radar.

The Boeing Company (NYSE:BA) is a company that Jim Cramer owned for his charitable trust as of October 24th. Over the course of the year, Cramer has continued to discuss the firm’s cash flow. In April, he pointed out that if The Boeing Company (NYSE:BA) solved its cash flow weakness, the stock would be worth buying. Then, in May, the CNBC TV host asserted that viewers “must stay long” on The Boeing Company (NYSE:BA)’s shares. Since his remarks, the shares have dipped by 4.3%. However, most of the losses have come since late October, with the stock having lost 12.9% since the firm reported its fiscal third quarter earnings report. In this appearance, Cramer discussed The Boeing Company (NYSE:BA) as he mentioned “things” that were doing fine:

“Yeah when everything’s really negative, I mean, you look at Micron going up, Boeing they solved that strike. Defense. And nobody cares! I suppose it’s up a little bit, there are some things that are going right. The year of magical investing is over, okay, but there are some things. . .that are going very right.”

While we acknowledge the risk and potential of BA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than BA and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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