The Boeing Company (BA)’s Going To “Have A Fantastic Quarter,” Says Jim Cramer

We recently published 12 Stocks Jim Cramer Discussed As Analyzed Morgan Stanley’s Comments. The Boeing Company (NYSE:BA) is one of the stocks Jim Cramer recently discussed.

The Boeing Company (NYSE:BA), one of the two major aircraft manufacturers in the Western world, has seen its shares gain 32.9% year-to-date. The firm has benefited from improving production, aircraft deliveries, and cash flow after significant headwinds last year. Cramer’s previous comments about The Boeing Company (NYSE:BA) have also ascribed some of the strength in the shares due to a thematic stock market driven by aerospace bullishness. The CNBC host also believes that The Boeing Company (NYSE:BA) won’t be caught up in trade tensions between the US and Europe due to its sizable manufacturing presence in the global commercial aviation industry. This time, he was positive about the firm’s upcoming earnings:

“By the way, Boeing’s gonna have a fantastic quarter.”

Previously, Cramer commented on The Boeing Company (NYSE:BA)’s position in the trade tensions between the US and Europe:

“Well Boeing they’re [Europeans] just gonna hurt themselves. Because they need Boeing, cause there’s not enough Airbuses. If the FAA were to allow Boeing to be able to raise the cap, we could crush it. We being our country. There again, I’m saying it. I admit that I’m an American and I’m proud. And I’m lucky.”

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