Boeing: The Selloff Makes No Sense

Summary:

  • Boeing’s shares have dropped by over 30% YTD due to the regulatory scrutiny, but the company is actively working on improving its safety standards to fix its ongoing issues.
  • At this stage, Boeing has a number of growth catalysts that should help it improve its performance and lead to the recovery of its business.
  • Despite facing several challenges, Boeing also appears to be undervalued and its shares represent a decent upside at the current price.

Boeing Manufacturing Facility and Logo

Wolterk

Since the start of the year, Boeing’s (NYSE:BA) shares have lost over 30% of their value, primarily as a result of the regulatory scrutiny that happened at the beginning of 2024 due to a safety accident that occurred on


Analyst’s Disclosure: I/we have a beneficial long position in the shares of BA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Bohdan Kucheriavyi is not a financial/investment advisor, broker, or dealer. He's solely sharing personal experience and opinion; therefore, all strategies, tips, suggestions, and recommendations shared are solely for informational purposes. There are risks associated with investing in securities. Investing in stocks, bonds, options, exchange-traded funds, mutual funds, and money market funds involves the risk of loss. Loss of principal is possible. Some high-risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including greater volatility and political, economic, and currency risks and differences in accounting methods. A security’s or a firm’s past investment performance is not a guarantee or predictor of future investment performance.

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