Boeing tumbles after company suspends 737 Max production — three experts on what to watch $BA (via TradingNation)
Here's what three experts say investors should watch now."Right now I would rather see if this is a first-quarter event. I think the fact that we've seen the shares pounded despite [it being not hard to imagine] that Boeing would have to suspend production shows investors punishing them not just for the news — wasn't shocking — but for the lack of, not a lack of candor, but just a lack of ability to foresee what everybody else saw.
I mean I think it's fair to be cautious right now on the timing of the return to service, on eventually what Boeing might have to do to their portfolio, which is certainly going to be, you know, the next major question we all start to ask as they look at what's next for the Max and for their narrow-body portfolio once the plane does return to service. So, you know, we're cautioning clients to be extremely cautious on Boeing.""Why is this stock not at $300? ...
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