Tuesday, December 6, 2022

Boeing May Score a Big Order. The Stock Needs Good News.

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Longtime readers will remember the erstwhile heyday of CatBo, when Boeing and Caterpillar ruled the Dow Jones Industrial Average Yet over the past five years, it is Caterpillar that has taken off, outperforming the Dow, while Boeing lost half its value.

Now the aerospace giant may finally be getting back on track, as evidenced by a report that it is in the running for a potential triple-digit order with United Airlines (ticker: UAL). That potential boost doesn’t mean investors need to rush into the shares.

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