Jim Cramer believes Boeing has room to grow in an "idea-driven" market

Jim Cramer recently discussed The Boeing Company (NYSE:BA) in an “idea-driven” market. The stock saw a 25.6% increase year-to-date, with a 6% gain in April. Jefferies raised the price target to $250 from $230. Cramer attributed the positive performance to an idea-driven market shift away from index orientation.

Cramer shared his thoughts on Boeing’s success, stating the company has rebounded with stronger orders and delivery numbers. He believes the stock has more room to grow due to improved financials and positive trends. While Boeing has had setbacks in the past, Cramer is confident in the leadership team’s ability to restore the company’s greatness.

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Read more at Yahoo Finance: The Boeing Company (BA) Is Part Of An “Idea-Driven” Market, Says Jim Cramer