Boeing (BA)

History of the Company

Boeing designs, manufactures, and sells aircraft and defense products. It was founded in 1916 by William Boeing as Pacific Aero Products Co. in Seattle, when Boeing began to design and build his own planes. A year later, when the U.S. entered World War I, they were supplying seaplanes for the U.S. Navy. Boeing continued to design and build aircraft, becoming a leader in both commercial and military aircraft production, and later also ventured into missile and satellite production.

Boeing first debuted its most well-known commercial jetliner, the 747, in 1970 and has since delivered around 1,400 747s. Boeing continues to produce the 737, 747, 767, 777, and the 787 Dreamliner for the commercial market, as well as many space, defense, and security products.

Trading Boeing: What You Need to Know

  • Annual and quarterly earnings reports are one of the most important things to look at when evaluating stock performance and predicting price movements. Boeing’s earnings reports remain strong.
  • Global demand for aircraft is the one major factor that ensures that Boeing will continue to be a good buy. Long-term growth for commercial aircraft, especially in developing countries, will require thousands of new planes in the coming decades. Boeing, as the world’s largest manufacturer of commercial aircraft, will likely meet much of this demand, ensuring its growth and profits for years to come.
  • New product development and production are on track to fuel future growth. The company recently increased dividends by 50%, a promising sign.
  • Boeing’s success hinges on the performance of its current fleet, and the promise of future innovations. Technical problems with one of its aircraft, or a delay in production of new products, will have an adverse effect on the stock prices in the short term, but will likely not deter long-term growth.
  • The rising cost of fuel is driving competition to design more efficient aircraft and alternative fuels. Boeing executives announced collaborations with biofuel developers around the world to test a more efficient alternative biofuel. Traders should keep an eye on developments in this sector, as well as other Boeing news.

Anyone who wants to trade Boeing stock should carefully analyze the market conditions and the history of the company before trading.

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