This Analyst is Bullish on Boeing (BA) – Here’s Why

We recently published 10 Stocks to Watch Ahead of Q3 Earnings Season. Boeing Co (NYSE:BA) is one of the stocks that Wall Street analysts are discussing these days.

Tim Seymour, the founder and Chief Investment Officer of Seymour Asset Management, named Boeing Co (NYSE:BA) as his stock pick during a recent program on CNBC.

“Boeing. I tell you what, let’s get more deliveries. Let’s get more cash flow,” he said.

Boeing Co (NYSE:BA) shares are up 28% so far this year. The company is starting to make a comeback amid new orders. It recently received a massive 225-plane order from Turkish Airlines and a 30-plane order from Norwegian Air Shuttle. Orders for CH-47 helicopters, F/A-18 jets, and a $700 million tanker deal are also increasing hopes for defense revenue growth.

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.

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.