Forget Boeing Stock: These 2 Airline Stocks Are Better Buys
The 737 MAX grounding broke a streak of strong performance by Boeing (NYSE: BA) last year. The COVID-19 pandemic has added to Boeing's woes by undermining aircraft demand.
However, Boeing stock has rallied strongly in recent weeks, thanks to promising news about several vaccine candidates and the FAA's recertification of the 737 MAX. Bulls appear confident that earnings and cash flow will recover within a few years, helped by Boeing's position as half of an aircraft manufacturing duopoly (alongside Airbus).
Source Fool.com