Goldman makes bold upgrade of Boeing shares, saying it has enough cash and air travel will return

tumbling 80% from its record high amid the coronavirus crisis, Goldman Sachs said "substantial fear" has been priced in and investors can bet on the U.S. planemaker to recover on the back of its strong balance sheet and a rebound in air travel demand.

Pro Boeing situation raises question about the entire USA 🇺🇸 aerospace industry, and the moral hazard of supporting a highly competitive aerospace industry supply chain that tests many people's thirst for aid & grants. Asset and securities purchase program seems the most logical.

Pro 1. There are hundreds in desert. 2. What company wants (nevermind pay sticker price) a 7x7 Max?

Pro Yea sucker the public into buying as they unload inventory

TheFeeneyFactor Pro Who the hell is going to buy an airplane from Boeing anytime soon?!

Pro 'There are old traders and bold traders. There are no old bold traders.' Ed Seykota

Holiday Holiday Latest News, Holiday Holiday Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Boeing Seeks Government Aid; U.S. Airlines Plead For $58B As They Say They May Run Out Of Money By June 30With air travel slowing dramatically amid the coronavirus pandemic, U.S. airlines could run out of money to pay their obligations, an industry group stated Monday, calling on the Trump administration to extend $58 billion in grants and loans to tide them over. Do not bail them out. baggagefees and the tax credits that became stock buybacks ... just vanished. Well if everybody’s dead then the airlines won’t matter much will they? All those baggage fees, change fees and stock buybacks are really the airlines fault and not the public’s.
Source: Forbes - 🏆 394. / 53 Read more »