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StockNews.com
StockNews.com
Business
Mangeet Kaur Bouns

Is Boeing Stock a Buy or Sell at $150?

With more than a $90 billion market cap, The Boeing Company (BA) designs, develops, manufactures, sells, and services commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems worldwide. The company operates through Commercial Airplanes; Defense, Space & Security; Global Services; and Boeing Capital segments.

The aerospace and defense giant has been facing continued regulatory concerns and uncertainty surrounding demand for its core products. On July 2, BA’s Chief Executive, Dave Calhoun, said that the plane maker could be forced to cancel the 737 Max 10 over potential regulatory issues.

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