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  1. #1
    Member
    Join Date
    Jun 2009
    Location
    Beauregard, Alabama
    Posts
    4,177

    Boeing - How many years to recover?

    Looks like Boeing will continue to take a beating.

    Delays in new planes, so many lingering major issues, and will likely lose money for a good while.

    In the future, it will either be studied for having a remarkable turn-around or for being a once-great company that fell.

    Will it approach $100/share in the coming weeks/months?

  2. Member
    Join Date
    Nov 2011
    Location
    Coral Springs, Florida
    Posts
    10,869
    #2
    It seems like it is going through what Qualcomm did. I bought Qualcomm years ago and it seemed like every time the stock started to recover there would be some litigation over patents etc. that dropped it back down. It finally recovered and is doing well now. Given Boeings wide moat (it is not a business that is easy to enter and compete) I think it will eventually recover and do well but it may take another 2-5 years depending on the economy, the FAA clearance of the 787, and hopefully no more worldwide pandemic affecting travel.