Is Boeing a Buy Near All Time Highs?
T = Trends for a Stock’s Movement
Boeing is an aerospace company. It focuses primarily on engineering, information technology, research and development, test and evaluation, technology strategy development, environmental remediation management, and intellectual property management. The company operates in five segments: Commercial Airplanes, Boeing Military Aircraft, Network & Space Systems, Global Services & Support, and Boeing Capital Corp.
Boeing said Monday it delivered a total of 648 planes in 2013, a new record. That appears to put the Chicago company ahead of European competitor Airbus, which has said it expected to deliver about 600 jets for the year. Boeing’s other deliveries included 440 of its 737s and 98 of its long-range 777s. Boeing and Airbus are both in the midst of a boom in aircraft orders, driven by growing affordability of air travel in Asia and Latin America.