David Strauss - Despite its significant defense exposure, we believe Boeing's [stock] performance...

Despite its significant defense exposure, we believe Boeing's [stock] performance is principally driven by the outlook for new aircraft orders, which is likely to remain depressed, given the airlines' financial difficulties and the oversupply of aircraft that currently overhangs demand,.. We believe Boeing's recent run leaves the stock exposed to downside risk in the near term, with limited upside potential.

David Strauss

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David Strauss Quotes

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Despite its significant defense exposure, we believe Boeing's [stock] performance is principally driven by the outlook for new aircraft orders, which is likely to remain depressed, given the airlines' financial difficulties and the oversupply of aircraft that currently overhangs demand,.. We believe Boeing's recent run leaves the stock exposed to downside risk in the near term, with limited upside potential. David Strauss

They Said So®

Keywords

significant defense exposure boeing' [stock] performance principally driven outlook aircraft orders remain depressed airlines' financial difficulties oversupply overhangs demand recent run leaves stock exposed downside risk term limited upside potential

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"A quote by David Strauss" theysaidso.com, 2024. May 31, 2024. https://theysaidso.com/quote/david-strauss-despite-its-significant-defense-exposure-we-believe-boeings-stock

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