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

We recently published 10 Stocks to Watch Ahead of Q3 Earnings Season. Boeing Co 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 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 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.

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This article is originally published at Insider Monkey.