We recently published 16 Latest Stocks on Jim Cramer’s Radar. The Boeing Company is one of the stocks Jim Cramer’s radar.
The Boeing Company 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 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’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 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.”
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
This article is originally published at Insider Monkey.
