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MarketBeat
MarketBeat
Gabriel Osorio-Mazilli

Boeing Stock Upgraded After Beating Lockheed for Jet Deal

President Trump has recently announced his choice of a manufacturer for fighter jets in the United States. This decision could represent millions (if not billions) in potential revenue for the company tasked with meeting orders and demand in the coming months.

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The decision landed on Boeing Co. (NYSE: BA), a surprise for many who thought that the bulk of favor and preference had been tilted to other peers such as Lockheed Martin Co. (NYSE: LMT), making the potential swing in these two stocks more transparent for investors.

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