Legendary Investor Predicts Boeing Stock to Reach New Highs. Buy Boeing and the Dow Jones Industrials.
Forget what stock analysts have been telling you for years. They capitulated back in 2009 when I forecasted the markets to rally to new all time highs.
Thus if you believe that stocks are expensive don’t buy, as for those looking for the holy grail jump aboard since a minimum return on investment 6000% has been waiting for you!
Invest in the markets for the long term, buy stocks on Wall Street downgrades, buy stocks no one believes in – truly hidden gems downgraded to Strong Sell by American crooks, they will upgrade them later on as they have always done.
The world is not over! not yet. There’s plenty of upside left and truly all time bottoms to invest in at the right time when fools are selling on the news. I am there! Upgrading to Strong Buy
What’s a market bottom?
A market bottom occurs on climax selling when everyone goes bearish. In these circumstances you are buying the most in a decade because you will not see those prices again. What others say it does not matter. The markets don’t care about your opinion. There are hundreds of millions of idiots in the world. Likely the reason they do the opposite of what’s necessary to succeed. Hence, God gave you a choice. Do it or do not do it. Don’t try!
Boeing is one of the core long term investment positions in the U.S stock market in the service Capital Markets 365. Th adopted investment strategy has been similar to Nvidia, my number one long term investment stock pick.
The Boeing Co. on Wednesday indicated that it will have more deliveries this year, as it set guidance for deliveries in 2017 at between 760 and 765 commercial aircraft.
The Boeing Commercial Airplanes division, which is based in the Puget Sound region, saw fourth-quarter revenue increased to $16.2 billion. The fourth-quarter operating margin was 9.1 percent, partially offset by a $243 million pre-tax charge on the KC-46 Tanker program primarily related to additional effort to incorporate previously identified changes into initial production aircraft.
During the quarter, Boeing delivered the 500th 787 Dreamliner and began final assembly of the first 787-10 aircraft. The 737 program has captured more than 3,600 orders for the 737 MAX, including recent 737 MAX 8 orders from GE Capital Aviation Services for 75 airplanes and SpiceJet for 100 airplanes.
Overall, Boeing posted earnings per share in the fourth quarter of $2.47, beating the average estimate of analysts by $.12, as net earnings increased 59-percent to $1.6 billion.
Net earnings on the year, however, declined 5 percent for the year to $4.9 billion, while full-year revenues dropped 2 percent to $94.6 billion.
The company projected core earnings per share of between $9.10 and $9.30 for 2017 and reported a backlog at the end of 2016 of nearly $500 billion.
The company’s full earnings report is available on its website.