Boeing (BA) has had a rough year, facing multiple setbacks and controversies. However, for retail investors looking for a potential opportunity, there may be a bull case for this aerospace giant.
First, let’s address the elephant in the room: the 737 Max crisis. While it has certainly impacted the company, there is potential for a resolution in the near future. Boeing is working closely with regulators to get the grounded planes back in the air, and once that happens, the company’s revenue and stock price could see a significant boost.
Additionally, Boeing has a strong portfolio of defense contracts, which make up a significant portion of its revenue. With tensions rising in the Middle East and other global hotspots, there is a high demand for military equipment. This could bode well for Boeing’s bottom line and potentially lead to increased profits for investors.
But perhaps the most exciting factor for retail investors is Boeing’s entry into the space industry. Through its subsidiary, Boeing Space and Defense, the company has secured multiple contracts with NASA and other private companies. With the growing interest in space exploration and commercial space travel, this could open up a whole new market for Boeing and provide a significant growth opportunity for its stock.
In conclusion, while Boeing has faced challenges, there is a compelling bull case for this company. As the 737 Max crisis is resolved and the demand for defense and space equipment continues to rise, there is potential for significant growth in the near future. Retail investors looking for a potential opportunity should keep a close eye on Boeing and consider adding it to their portfolio.