BA stock is still trading almost 9% off its 52-week high of above $158. And with this Boeing 767 purchase, you can be sure that Boeing is keeping its corporate clients happy.
This, coupled with long-term trends – Boeing estimates the global jet market to be worth $5.6 trillion in the next 20 years – will help BA stock to $200 long term.
The Bottom Line: Unfortunately, BA stock always seems to garner more panic selling over some “problem” in its Dreamliner fleet than it does buying on good news like this Boeing 767 FedEx announcement. While there may be some hiccups, in the long run, Boeing knows commercial jetliners and is delivering to large corporate customers. If you act now, while BA stock is still trading off its highs, you could be in for some big gains as it crawls up to $200.
We’re in the midst of the greatest investing boom in almost 60 years. And rest assured – this boom is not about to end anytime soon. You see, the flattening of the world continues to spawn new markets worth trillions of dollars; new customers that measure in the billions; an insatiable global demand for basic resources that’s growing exponentially; and a technological revolution even in the most distant markets on the planet.And Money Morning is here to help investors profit handsomely on this seismic shift in the global economy. In fact, we believe this is where the only real fortunes will be made in the months and years to come.