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BA Jun 2024 275.000 call
| Previous close | 0.1800 |
| Open | 0.0900 |
| Bid | 0.0100 |
| Ask | 0.1900 |
| Strike | 275.00 |
| Expiry date | 2024-06-21 |
| Day's range | 0.0900 - 0.1800 |
| Contract range | N/A |
| Volume | |
| Open interest | 1 |
- Yahoo Finance Video
Buy Northrop Grumman instead of Boeing: Portfolio manager
When investing, it can be hard to choose which stocks to avoid and which to consider, especially when you are trying to gain exposure to a specific sector. In the latest edition of Good Buy or Goodbye, F/m Investments Senior Portfolio Manager Don Nesbitt shares his stock that could fly and which could face turbulence in the aerospace industry. Nesbitt likes Northrop Grumman (NOC) for its "consistent earnings and sales growth." He also says the company has a strong order backlog and uses free cash flow to return cash to shareholders. He also thinks it has an attractive valuation. Nesbitt cautions, however, that the company risks facing an over-reliance on US government contracts. Nesbitt is less of a fan of Boeing (BA). His first concern, which is a short-term one, is the uncertainty surrounding who will be leading the company after CEO Dave Calhoun steps down at the end of the year. Nesbitt also points to the debt downgrade from Moody's and the lack of a dividend. What could reverse his thesis? Investors shrugging off some of the more near-term concerns or that the leadership shake-up serves as a positive catalyst. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Stephanie Mikulich.
Associated Press FinanceBoeing locks out its private firefighters around Seattle over pay dispute
Boeing has locked out its private force of firefighters who protect its aircraft-manufacturing plants in the Seattle area and brought in replacements after the latest round of negotiations with the firefighters' union failed to deliver an agreement on wages. The company said Saturday that it locked out about 125 firefighters and a facility about 170 miles (275 kilometers) away in central Washington. The firefighters serve as first responders to fires and medical emergencies and can call in help from local fire departments.
FortuneTop Boeing executive weighs in on qualities the next CEO should have as the search for a new boss takes more twists and turns
In a note distributed to investors on Thursday, JPMorgan analysts recounted a recent meeting they had with Boeing CFO Brian West.
