Boeing Co (BA) is considered one of the best stocks to buy on Robinhood. The company has put contract discussions with striking machinists on hold, involving 3,200 members of the International Association of Machinists and Aerospace Workers.
Workers rejected a four-year contract offer from Boeing, which included a 20% wage increase, $5,000 bonus, and added vacation and sick leave. The labor standoff continues as workers assemble Boeing F-15 and F/A-18 fighters.
Boeing Co (BA) is an aerospace company that develops commercial airplanes, defense products, and space systems. Despite the strike, the company has managed to maintain production, flight testing, and other work using non-union workers.
Investors are advised to consider other AI stocks with greater upside potential and less downside risk than BA. For those seeking undervalued AI stocks, a free report on the best short-term AI stock is available.
Disclosure: None. This article was originally published on Insider Monkey.
Read more at Yahoo Finance: Boeing Co (BA) Maintains Production as Machinist Workers’ Strike Drags
