Is Boeing Going to Set the Defense Market on Fire?

The Boeing Company (BA)NYSE – Nasdaq

”In the near-term, Boeing’s priority remains a safe return to service of the 737 MAX. Despite this challenging time, we operate in commercial aviation, defense and global services markets estimated at $8.7 trillion over the next 10 years, and we remain focused on capturing these opportunities and delivering on our commitments. We believe this strong foundation will support our investments in future growth and generate consistent and compelling returns for our shareholders.” Source: https://investors.boeing.com/investors/overview/default.aspx

Boeing Restarts 737 Max Production

The Boeing Company (BA)NYSE – Nasdaq has a market capitalization of $82,306,851,422, Boeing Co has a greater market value than 97.97% of US stocks

There is a lot of appetite for Boeing securities. Late last month, the company easily moved $25 billion worth of commercial paper at maturities of three to 40 years.

Buyers of those bonds, particularly the long-dated fare, wouldn’t be acquiring that debt if they thought Boeing was going belly up.

 

Top  7 Institutional Holders

Holder  Shares  Date Reported  % Out    Value

Vanguard Group, Inc. (The)          41,756,605           Mar 30, 2020      7.40%    6,227,580,069

Blackrock Inc.     33,252,360           Mar 30, 2020      5.89%    4,959,256,970

Newport Trust Co             32,725,504           Mar 30, 2020      5.80%    4,880,681,666

Capital World Investors 30,555,090           Mar 30, 2020      5.41%    4,556,986,122

State Street Corporation               26,146,396           Mar 30, 2020      4.63%    3,899,473,499

Price (T.Rowe) Associates Inc      19,483,408           Mar 30, 2020      3.45%    2,905,755,469

Top  3 Mutual Fund Holders

Holder  Shares  Date Reported  % Out    Value

Vanguard Total Stock Market Index Fund              15,062,314           Dec 30, 2019       2.67%    4,906,699,408

Vanguard 500 Index Fund            10,681,679           Dec 30, 2019       1.89%    3,479,663,751

Washington Mutual Investors Fund         9,743,181             Dec 30, 2019       1.73%    3,173,938,642

Our Top Stock are  Walmart which is so undervalued and should be trading above $300 and Groupon (NASDAQ:GRPN) with a potential upside $50 by end of the year with strong holiday sales and retail spending. Another company we like is Google Alphabet ( NASDAQ:GOOGL ) with an upside of $2000 and Apple ( NASDQ:AAPL ) with upside of $1000.

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