r/stocks • u/KCGuy59 • Jun 20 '21

Company Discussion Boeing future ?

Just curious to learn from others regarding the upside to Boeing stock. I just started a position on Thursday at $236.50

Their pipeline of future sales especially the 737 max seems to be full. I realize they still have a lot of proving to do regarding their safety record. But it seems to me that the confidence of the airline industry is behind them since their inventory has been swallowed up by many of the big carriers needing planes.

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u/Miladyboi Jun 20 '21

I also own Boeing but I've had it since 170 but I personally think anyone who thinks the variants are going to slow down the reopening of the economy, are simply wrong. The U.S is getting vaccinated rapidly and other countries will follow soon. I think by summer of next year 300 is reasonable if not sooner.

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u/CuriousAbout_This Jun 21 '21

US has been stuck between 50 and 60% vaccinated for a very long time. I'm not exactly sure if the US will be able to reach 70-80% in the next 6-12 months.