Boeing is a Market Leader
The Boeing Company (NYSE:BA) - When seeking a blue chip stock, it is best to look for a market leader. Look no further than The Boeing Company. Boeing has been trouncing on its competitors in the Dow Jones Industrials, blasting them by an astounding 20%+. The DJIA is sitting at about even for year to date price apprecaiation, while Boeing has made over 24% price appreciation. Would you prefer to buy a market leader or a market laggard?
Over the past 12 months Boeing Co (BA) shares have traded between a 52-week low of $43.10 and its 52-week high of $76.00. Boeing Co shares are now trading with a P/E Ratio of 52.4 and EPS of 1.28. Boeing Co 's (BA) current market cap is $49.37B and its shares are now -12.6% below its 52-week high. Boeing shares are trading at $67.47, down -1.8% / $-1.24 as the recent jobs report is dragging down all the stocks. Volume checks in at 1.26M shares traded so far today.
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The Boeing Company is the leader in aerospace. The company designs, develops, manufactures, sells, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide. It operates in five segments: Commercial Airplanes, Boeing Military Aircraft (BMA), Network & Space Systems (N&SS), Global Services & Support (GS&S), and Boeing Capital Corporation (BCC). The Commercial Airplanes segment develops, produces, and markets commercial jet aircraft, as well as provides related support services to the commercial airline industry.