/Boeing%20Co_%20plane-by%20Wirestock%20via%20iStock.jpg)
Boeing (BA) has spent much of the last six years fighting headwinds of its own making, including two 737 MAX disasters and the regulatory shadow they cast, quality lapses throughout the supply chain, a stained reputation, cash burn, and leadership turnover. This year, the picture has become constructive as well as complex. Deliveries have sped up, cash burn has eased dramatically, and new leadership is attempting to ingrain discipline into the production system. Yet the tragic June crash of Air India Flight 171, a Boeing 787-8, has reminded investors that the story around Boeing can change at any instant.
Valued at $170.6 billion, Boeing’s stock has only returned 28% over the past five years, falling short of the market’s overall gain of 82%. So far this year, Boeing stock has shown momentum and is up 27.8%. Let’s find out whether Boeing stock is worth buying amid these circumstances.
