Boeing is a company familiar to all of us and investors have had a mixed relationship with the stock due to safety concerns. Yesterday there was a report that service centers should look out for a potential lose bolt.
Boeing is a solid company, with a diverse portfolio. Apart from the quality issues that can be rectified moving forward, we see a lot of potential in the company.
We will be adding Boeing to our portfolio if it drops to the 120-month moving average. The current price is still discounted from its 2019 support price.
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