Is Boeing Enticing After Recent News?
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 released its annual forecast Tuesday and said that commercial jet buyers will look to capital markets to provide more financing in 2014, as the value of jet sales is rising by about 7.7 percent and they need to fund an anticipated $112 billion in jet deliveries next year. While capital markets accounted for just 3 percent of total jet financing in 2009, that number rose to 14 percent this year, and will jump to 22 percent in 2014.