Boeing Stock Outperforms Market in One Month: Is it Worth Investing? – December 31, 2024

From Zacks Investment Research: 2024-12-31 16:06:23

Shares of Boeing (BA) have surged 12.8% in the past month, outperforming the S&P 500 and its industry peers. Recent contracts and satellite launches have boosted investor confidence in the aerospace giant. Boeing projects a $4.4 trillion market opportunity in commercial aviation services. The defense unit also secured $8 billion in contracts, contributing to a solid backlog. Despite these positives, challenges from the 737 Max program and industry-specific issues pose risks. The stock’s poor ROIC and VGM Score of F suggest caution for potential investors, while current holders may benefit from expected growth in 2025.



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