We recently published 12 Stocks Jim Cramer Recently Talked About In His “Idea-Driven” Market. The Boeing Company (NYSE:BA) is one of the stocks Jim Cramer recently discussed.
The Boeing Company (NYSE:BA) has experienced a turnaround in its share price in 2025. The firm’s shares closed 2024 31% lower after its production suffered due to safety concerns. However, year-to-date, the stock has gained 25.6% as The Boeing Company (NYSE:BA) has demonstrated strong earnings performance and experienced bullish analyst coverage. The stock gained 6% in April after the firm’s negative $2.3 billion in free cash flow in its latest quarter was far better than the $3.6 billion Wall Street had penciled in. The Boeing Company (NYSE:BA)’s price target was raised to $250 from $230 by Jefferies in June, and Cramer attributed the firm’s share price performance to an idea-driven market:
“I just think that we need to recognize that we are not in a Fed market, we’re in a market where people say. . .Uh, okay looks like the aerospace is doing well, oh okay, well let’s buy Boeing. . .This has not happened since the 90s, David. And there’s a plethora of people who are fighting this and not realizing, because they’re so index oriented. They don’t realize what is really happening here is that people are focusing on themes.”
A commercial jetliner parked at an airport, reflecting the companies success in aviation.
Cramer discussed The Boeing Company (NYSE:BA) in detail in June. Here is what he said:
“Here’s a dreamliner of a story: After years of struggling, Boeing’s finally taken off in the last two months… I told you Boeing was ready to make a comeback in March when the stock was at $181 because it started reporting stronger orders and delivery numbers as well as some surprise contract wins… Don’t sell it. I think the stock has a lot more room to run. Why? First and foremost, Boeing’s cleaned up its balance sheet… Second, the numbers coming out of Boeing keep trending in the right direction.
In late April, the company reported a solid quarter with slightly higher than expected sales and operating earnings that trounced the estimates. Boeing’s combined backlog stood at $545 billion at the end of the quarter… So the numbers have been great, but there’s a third thing that’s been happening here. Boeing’s likely to be a big winner from President Trump’s global trade war… Now, we’re already seeing evidence that Boeing’s a trade war winner so far. Trump’s only closed one trade deal since Liberation Day, and that’s that new agreement with the United Kingdom.
Alongside that deal, the parent company of British Airways, no coincidentally, agreed to buy $13 billion worth of jets from Boeing. Plus, during President Trump’s visit to the Middle East, earlier this month, Qatar Airways placed an order for up to 210 wide-body aircraft, including 130 Dreamliners. That’s the largest order for that plane in history… At the end of the day, there’s a whole lot going right for Boeing, and the stock has rightfully reflected its momentum these past couple of months.
But here’s the bottom line: With a cleaned up balance sheet, rapidly improvement results and the prospect of the president of the United States becoming the world’s number one aircraft salesman as part of these trade negotiations, I think Boeing’s got a bright future and knowing how the stock tends to trade historically, I’m betting it could really still soar.
My only concern with Boeing is that they do have a not-so-great track record of dropping the ball just when the stock takes off. But I doubt that will be a problem anymore under Kelly Ortberg’s new leadership team. Boeing’s on the way to restore its greatness, and you want a piece of that promise as this one, once it gets going, can exceed any of the price targets that the analysts have ever dreamed of.”
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 extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. This article is originally published at Insider Monkey.
